Fiat Chrysler: Chinese group considers takeover.
(CercleFinance.com) - The Fiat Chrysler share is up 3.
8% in early trading in Milan.
Automotive News has mentioned an interest from the Chinese carmaker, Great Wall Motors, for a partial or complete buy-out of the group.
This publication last week reported having made an offer from a group that it had not yet identified. In an article published today, this time it cites a spokesman at Great Wall Motors, who confirmed the company's interest in Fiat Chrysler, even though no formal offer has yet been made.
The spokesman particularly mentioned an acquisition of Jeep, which would enable Great Wall Motors to approach its aim of becoming the world leader in SUVs.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
8% in early trading in Milan.
Automotive News has mentioned an interest from the Chinese carmaker, Great Wall Motors, for a partial or complete buy-out of the group.
This publication last week reported having made an offer from a group that it had not yet identified. In an article published today, this time it cites a spokesman at Great Wall Motors, who confirmed the company's interest in Fiat Chrysler, even though no formal offer has yet been made.
The spokesman particularly mentioned an acquisition of Jeep, which would enable Great Wall Motors to approach its aim of becoming the world leader in SUVs.
Copyright (c) 2017 CercleFinance.com. All rights reserved.