Chinese Carmaker May Use Fiat Chrysler for Foothold in United States
- 6 years ago
Chinese Carmaker May Use Fiat Chrysler for Foothold in United States
“If we can make it in the U. S., we can make it anywhere and enhance further possibilities of future growth.”
GAC — which sold about 500,000 vehicles last year and markets several models under the name
Trumpchi — is considering selling its car through dealerships tied to Fiat Chrysler.
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.
Mr. Marchionne said that Fiat Chrysler “has no intention” of breaking up the company and selling Jeep or Ram.
Fiat Chrysler has been in discussions with a number of Chinese companies about potential equity investments, a prospect
that took on greater significance after Mr. Marchionne tried and failed to persuade General Motors to consider merging with his company in 2015.
“If we can make it in the U. S., we can make it anywhere and enhance further possibilities of future growth.”
GAC — which sold about 500,000 vehicles last year and markets several models under the name
Trumpchi — is considering selling its car through dealerships tied to Fiat Chrysler.
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.
Mr. Marchionne said that Fiat Chrysler “has no intention” of breaking up the company and selling Jeep or Ram.
Fiat Chrysler has been in discussions with a number of Chinese companies about potential equity investments, a prospect
that took on greater significance after Mr. Marchionne tried and failed to persuade General Motors to consider merging with his company in 2015.