FCA Heading For PRC Ownership?

Fiat Chrysler Automobiles may have finally found a buyer, and once again it’s China that may stump up the cash to take control of another global carmaker.

Industry paper Automotive News reports an anonymous but reportedly well-known group from China offered to buy FCA as recently as this month.

The offer was said to be FCA’s perceived worth with a small premium on top. FCA reportedly rejected the offer.

The unknown carmaker taking an interest in FCA remains a mystery, but Dongfeng, Geely and Guangzhou auto groups have all been suggested.

And the interest from Chinese investors doesn’t end there, with FCA representatives said to have visited China this month to negotiate with another Chinese carmaker - Great Wall.

Industry