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China's Great Wall Motor eyes Fiat Chrysler deal

03:25 EDT 21 Aug 2017 | Yahoo News

China's Great Wall Motor eyes Fiat Chrysler dealChina's Great Wall Motor signalled on Monday its intention to make an ambitious acquisition deal with Italian-American car maker Fiat Chrysler Automobiles following a report that it wants to buy the Jeep brand. Great Wall Motor ranks only as the seventh biggest Chinese auto company in terms of sales -- 1.07 million in China and 17,400 abroad last year -- but any purchase of FCA would take the firm to another level. "There is an intention to make the purchase," a Great Wall Motor spokeswoman told AFP, though she declined to say if the possible deal would be for the entire auto giant or just one of its brands.


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