Chinese to buy Jeep?
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.