Fiat-Chrysler Might be Purchased by Chinese Automaker

By Jonathan Yarkony Fiat-Chrysler could be set for a Chinese acquisition.
According to Automotive News, an unnamed Chinese automaker has expressed serious interest in buying FCA. The company apparently made an offer earlier this month that was slightly above FCA’s market value, but it was rejected as it was considered too low.
FCA is apparently being looked at by more than one large Chinese automaker. A separate source indicated representatives from China’s Great Wall Motor Co. had traveled to FCA’s Auburn Hills, Michigan headquarters to discuss a potential acquisition. It’s believed that FCA reps have also traveled to China to discuss the matter.
It’s not known

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