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Chinese Carmaker May Use Fiat Chrysler for Foothold in United States

2018-01-16 27 Dailymotion

Chinese Carmaker May Use Fiat Chrysler for Foothold in United States<br />“If we can make it in the U. S., we can make it anywhere and enhance further possibilities of future growth.”<br />GAC — which sold about 500,000 vehicles last year and markets several models under the name<br />Trumpchi — is considering selling its car through dealerships tied to Fiat Chrysler.<br />Whether or not his company enters a partnership with GAC or another company, Mr. Marchionne will probably not be around to see if it pays off.<br />Mr. Marchionne said that Fiat Chrysler “has no intention” of breaking up the company and selling Jeep or Ram.<br />Fiat Chrysler has been in discussions with a number of Chinese companies about potential equity investments, a prospect<br />that took on greater significance after Mr. Marchionne tried and failed to persuade General Motors to consider merging with his company in 2015.

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