Search Results for ‘fiat chrysler’

While most attention was focused on the new Ram pickups, Fiat Chrysler CEO Sergio Marchionne said the company could hit a major milestone by mid-2018. After years of being heavily debt-laden, Fiat Chrysler Automobiles could be net cash positive by June, Marchionne told reporters at the North...

Closing out another week of FCA takeover rumors,  Bloomberg News reported on Tuesday that Chinese automaker Great Wall has expressed "big uncertainties" about an acquisition of Fiat Chrysler Automobiles. Great Wall started out by saying they wanted to buy Jeep (and only Jeep), then went to...

Today's edition of Italian financial newspaper Il Sole 24 Ore  claimed that Great Wall Motors is now looking at a way to fund an acquisition of Fiat Chrysler Automobiles, including all brands — not just Jeep. Great Wall's Haval brand delivered 938,000 SUVs in 2016.  Great Wall is still...

While larger Chinese automakers have been denying any interest in acquiring Fiat Chrysler Automobiles, Great Wall Motors, China's seventh-largest car company, wants to buy Jeep — but only Jeep. According to Automotive News Europe , Great Wall hopes FCA is willing to sell its star brand...

European Jeep registrations rose by over 2% for the first quarter of 2017, with deliveries in March shooting up by 8.5%, according to numbers released this morning by the European Automobile Manufacturers Association (ACEA). 11,624 new Jeeps were registered in March, bringing the first quarter...

Sergio Marchionne told stockholders that Fiat Chrysler will focus on its long term plans and not search for a merger, according to  Reuters correspondent Stefano Rebaudo. Mr. Marchionne was addressing Friday's stockholder meeting in the Netherlands. Marchionne’s quest for a partner/buyer...