So, Communist China wants to buy Jeep
- wreckless
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So, Communist China wants to buy Jeep
Chinese automakers covet FCA
Answering Beijing's call for foreign acquisitions
DETROIT — For more than two years, FCA has been FSBO — that's For Sale By Owner — with no serious offers.
Not anymore.
Representatives of a well-known Chinese automaker made at least one offer this month to buy Fiat Chrysler Automobiles at a small premium over its market value, Automotive News has learned. The offer was rejected for not being enough, a source said.
Meanwhile, other sources independently identified executives from other large Chinese automakers conducting their own due diligence on a potential purchase of FCA, including meeting last week with representatives of U.S. retail groups about a potential acquisition. A source said FCA executives have traveled to China to meet with Great Wall Motor Co. And Chinese delegations were seen last week at FCA's headquarters in Auburn Hills, Mich.
http://www.autonews.com/article/2017081 ... -covet-fca
Answering Beijing's call for foreign acquisitions
DETROIT — For more than two years, FCA has been FSBO — that's For Sale By Owner — with no serious offers.
Not anymore.
Representatives of a well-known Chinese automaker made at least one offer this month to buy Fiat Chrysler Automobiles at a small premium over its market value, Automotive News has learned. The offer was rejected for not being enough, a source said.
Meanwhile, other sources independently identified executives from other large Chinese automakers conducting their own due diligence on a potential purchase of FCA, including meeting last week with representatives of U.S. retail groups about a potential acquisition. A source said FCA executives have traveled to China to meet with Great Wall Motor Co. And Chinese delegations were seen last week at FCA's headquarters in Auburn Hills, Mich.
http://www.autonews.com/article/2017081 ... -covet-fca
Rob
Jersey Wrecking Crew
1943 Ford GPW G503
“In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress.“ John Adams
Jersey Wrecking Crew
1943 Ford GPW G503
“In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress.“ John Adams
- Jeeps4Brains
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Re: So, Communist China wants to buy Jeep
So they think they have closed the quality gap. I would debate that.
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51' M38 #1, 51' M38 #2, 51' M100,
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53' M38A1, 53' M211, 65' M151A1, 67' M416,
MVPA #31724
51' M38 #1, 51' M38 #2, 51' M100,
52' M37, ??' M101A1 (1st Gulf War Vet),
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MVPA #31724
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Re: So, Communist China wants to buy Jeep
Thanks Rob. You just made my day !!
Chrysler, ( and Jeep ) which was later bought buy Fiat, just built a new transmission plant a mile from my house. It is less than 5 years old.
I can walk out on my porch every morning and there it is. I live in the country. At least for now and I have a great view.
I have watched it being built and put into full operation. And I have watched the owners go from U.S. to Italian and now maybe to Chinese.
I love America !! Really !!! The land of opportunity !!!!
As long as they pay their taxes, the local government is happy and no one else seems to care.
Well almost no one. Maybe I am just getting old ??
Chrysler, ( and Jeep ) which was later bought buy Fiat, just built a new transmission plant a mile from my house. It is less than 5 years old.
I can walk out on my porch every morning and there it is. I live in the country. At least for now and I have a great view.
I have watched it being built and put into full operation. And I have watched the owners go from U.S. to Italian and now maybe to Chinese.
I love America !! Really !!! The land of opportunity !!!!
As long as they pay their taxes, the local government is happy and no one else seems to care.
Well almost no one. Maybe I am just getting old ??
Mike Wolford
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VEP GPW
Comm./Inst. SEL
AOPA ( 50 yrs)
EAA ( 49 yrs)
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- wreckless
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Re: So, Communist China wants to buy Jeep
Glad to be of service, Mike!
Rob
Jersey Wrecking Crew
1943 Ford GPW G503
“In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress.“ John Adams
Jersey Wrecking Crew
1943 Ford GPW G503
“In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress.“ John Adams
- gerrykan
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Re: So, Communist China wants to buy Jeep
Not too many years after Chrysler acquired Jeep, some people would tell you that Chrysler invented the jeep, so I can imagine in the future the misinformed will think China invented the jeep.
Roy
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Re: So, Communist China wants to buy Jeep
Well at least AMC isn't making them.
Stand for the Flag, Kneel for the Cross Psalm 55; 9-11
- gerrykan
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Re: So, Communist China wants to buy Jeep
True Steve, AMC's legacy has mostly all rusted away by now.
Roy
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Re: So, Communist China wants to buy Jeep
At least many of the AMX's and Javelins are saved. Even fewer of the Rebel Machine's or Hurst Rambler Scramblers or Hornet SC360's are left.
Rob
Jersey Wrecking Crew
1943 Ford GPW G503
“In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress.“ John Adams
Jersey Wrecking Crew
1943 Ford GPW G503
“In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress.“ John Adams
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Re: So, Communist China wants to buy Jeep
Maybe they will sell them in crates for $50.00
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Re: So, Communist China wants to buy Jeep
$50 bucks is market value , Clint.
$19.95 and get a second for a separate fee with one shipping charge for both !
Call Right Now !!!
$19.95 and get a second for a separate fee with one shipping charge for both !
Call Right Now !!!
Mike Wolford
CJ-2A
VEP GPW
Comm./Inst. SEL
AOPA ( 50 yrs)
EAA ( 49 yrs)
4th Inf. Div. - 5th Inf. Div. - 2nd Armor Div. - CIB
CJ-2A
VEP GPW
Comm./Inst. SEL
AOPA ( 50 yrs)
EAA ( 49 yrs)
4th Inf. Div. - 5th Inf. Div. - 2nd Armor Div. - CIB
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