Chi­nese to buy Jeep?

New Zealand LCV - - NEWS | ROUND-UP -

CHI­NESE AU­TO­MO­TIVE GIANT Great Wall is re­ported to be eye­ing a takeover of Fiat Chrysler Au­to­mo­biles’ (FCA) Jeep brand.

FCA has said it re­jected an of­fer by a Chi­nese ve­hi­cle maker but didn’t name the com­pany.

US sources have re­ported that sev­eral Chi­nese au­to­mo­tive com­pa­nies have shown an in­ter­est in ac­quir­ing Jeep, but it’s un­der­stood that only Great Wall is con­tin­u­ing to court FCA.

US pub­li­ca­tion Au­to­mo­tive News re­ported that Great Wall is “con­nect­ing with FCA” to be­gin ne­go­ti­a­tions to buy the Jeep brand.

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