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China's Great Wall sets sights on Jeep


jpd80

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China's Great Wall sets sights on Jeep

 

Aiming to become 'world's largest SUV maker'

 

http://www.autonews.com/article/20170821/GLOBAL03/170829942/china-great-wall-jeep

 

Chinese automaker Great Wall Motor Co. told Automotive News it is interested in buying the Jeep brand

and has reached out to Fiat Chrysler Automobiles to see whether a deal can be negotiated.

 

The move would slice Jeep from the rest of FCA's brands, leaving question marks over the future of Fiat,

Chrysler, Dodge and Ram. FCA already said it would consider splitting Alfa Romeo and Maserati into their

own company.​

 

Great Wall President Wang Fengying, listed by Fortune as the seventh most powerful woman in Asia,

wrote in an email to Automotive News that Great Wall intends to buy Jeep and is "connecting with FCA"

to begin negotiations.

 

FCA said on Monday in a statement that it had not been approached by Great Wall in connection with the

Jeep brand or any other matter relating to its business.

 

 

Now that the cat is out of the bag, the chase begins and is a matter now of how much....

Edited by jpd80
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They ought to go for Ram trucks as well.

 

Peter DeLorenzo called this from day 1.

Which is not that hard when you think that Sergio and Fiat are a bunch of opportunits

just like Daimler Benz who took all of Chrysler's cash when they left..

 

while Jeep is the jewel in the crown, Ram trucks is the profit engine that enabled

Fiat to fund a lot of its new and ongoing European vehicle projects

 

Without Jeep and Ram, the rest of Chrysler is worthless to others and not worth the effort of keeping,

unless GM wants a couple of divisions to replace Pontac and Oldsmobile - and that's highly unlikely.

Edited by jpd80
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Been doing some digging, in short the Chinese isn't buying FCA US or certain parts of it, even if they could they can't (US Government intervention). It's mostly old models and equipment for sale to the Chinese.

Can you provide additional details on what you had found?

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