If Great Wall Motors is out of the running for appropriate, FCA is walking out of options in China. Geely, Dongfeng, and Guangzhou Automobile Group have also denied any talks with FCA. Today, Chery Automobile Co. Additionally foreclosed any possibility of a foreign journey. The country-owned automaker, taking its cue from the imperative government, plans to depend upon organic sales growth in worldwide markets. The automaker has a worldwide dealership community to promote Chinese automobiles without a foreign companion.
While Fiat Chrysler CEO Sergio Marchionne has yet to sign in his opinion, it’s clear that he is seeking out buyers. At this point we must ask, what is he going to do if no person is buying?
Fiat Chrysler Citroen Peugeot Merger, Coal Goes Bankrupt, Tesla Not Niche — TEN 271