Great Wall Motors Keen to Buy FCA

  • Published By: Droom
  • 22 August 2017
  • 09:45 AM
  • 590 Views

The company wants to become one of the largest SUV makers in the world.

The Chinese firm specialises in making SUVs and has confirmed interest in owning a part of Fiat Chrysler Automobiles. Great Wall is currently China’s biggest producer of SUVs and a company spokesperson told Reuters that the company is interested in buying at least a part of FCA.

It’s uncertain right now whether Great Wall wants to buy a part shareholding in the group or the whole Fiat Chrysler group, which has Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Lancia, Maserati, and Ram, and a host of automotive part supply companies in its portfolios. Ram is also an SUV maker that’s focused on the North American market, while Jeep sells more globally.

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