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https://www.usatoday.com/story/money...ker/564033001/

DETROIT -- A Chinese automaker reportedly made a quiet bid to acquire Fiat Chrysler Automobiles, raising the distinct possibility that the traditional member of the Detroit Three that was bailed out by U.S. taxpayers could wind up with Chinese ownership.

After years of pursuing a deal to gain greater global scale, the automaker recently rejected an acquisition bid by an unidentified Chinese company, according to Automotive News. Fiat Chrysler is based in London, with its major operations in Italy and the U.S.

The publication also reported that multiple Chinese automakers are weighing a similar bid for the maker of the Jeep, Ram, Chrysler and Dodge brands.

https://www.google.com/search?gs_ivs...+Fiat+Chrysler
 

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This would be good news.

Geely (Chinese co.) has done great things with Volvo. Tata (Indian co.) likewise with Land Rover and Jaguar.

As long as FCA ends up owned by a company that is willing to invest R&D and provide sound financial stewardship and get out of their way otherwise could be a win-win.

 

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This would be good news.

Geely (Chinese co.) has done great things with Volvo. Tata (Indian co.) likewise with Land Rover and Jaguar.

As long as FCA ends up owned by a company that is willing to invest R&D and provide sound financial stewardship and get out of their way otherwise could be a win-win.

Agree. The thing that Geely and Tata did right was to provide the capital and allow these businesses to "do what they do". They didn't seem to want to change them, unlike FoMoCo who made a mess of Jaguar ownership and didn't really do anything spectacular with Volvo.

Chinese money could be a good thing.
 

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https://www.usatoday.com/story/money...ker/564033001/

DETROIT -- A Chinese automaker reportedly made a quiet bid to acquire Fiat Chrysler Automobiles, raising the distinct possibility that the traditional member of the Detroit Three that was bailed out by U.S. taxpayers could wind up with Chinese ownership.

After years of pursuing a deal to gain greater global scale, the automaker recently rejected an acquisition bid by an unidentified Chinese company, according to Automotive News. Fiat Chrysler is based in London, with its major operations in Italy and the U.S.

The publication also reported that multiple Chinese automakers are weighing a similar bid for the maker of the Jeep, Ram, Chrysler and Dodge brands.

https://www.google.com/search?gs_ivs...+Fiat+Chrysler
It would be a good thing for the growth of Fiat/Alpha and hopefully bring a long overdue focus on quality.

Paul
 

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The Italian won't sell FIAT or FCA, they can sell a small percentage to the Chinese but not the majority stake and the US will also have a say.
 
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Jalopnik is reporting that both Geely and Guangzhou deny any interest buying FCA.
 
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