Chinese carmaker could buy Chrysler
 

Chrysler assets could be sold to Chinese carmaker
Posted Today, 4:47 AM by Kenneth Hall

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There is mounting speculation that ailing Detroit carmaker Chrysler may not be able to survive as a standalone firm. Negotiators in Detroit are working furiously to secure a deal with Italy’s Fiat Group but if the proposed alliance falls through Chrysler has a number of options as backup.

One of these includes a sale of assets to a foreign firm. Latest reports indicate that China’s Beijing Automotive Industry Holding Corp is interested in some of Chrysler’s assets but the company has refused to comment on the speculation.

State-run newspaper China Business News, citing an unnamed Beijing Auto executive, said the Chinese firm was looking to acquire production facilities and technology to build up its own vehicles. The Chinese government is also said to offering support to facilitate such a deal.

Like most major Chinese carmakers, Beijing Auto is keen to build up a globally competitive brand name and one of the easiest methods is through structured mergers and acquisitions.

The ties between Beijing Auto and Chrysler go back several decades. In 1984, Beijing Auto was the Chinese partner for American Motor Corp. (AMC). A few years later AMC was bought out by Chrysler, which then joined the partnership.

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chrysler new logo is going to be red, I predict

I hope they do. The Chinese will take all the crash test technology to China, close all N.American plants and start exporting Chinese made Chryslers.

will the chinese install fake airbags? or fake brake pads? I hope all chyrslers come with fake brembo logo calipers

i bet they will move chrysler headquarters into china

fake half ass baller 300C who wants a piece for half price yo

3 pot block fake ass BBK breaks


guranteed 100% fake, everything u see is fake. if not fake ur money back

more like half the quality, 2x the price.
look at buick regals in china. price of mercedes s-class here. r u kidding me. Foreign brand = gold in china, even if its shit here or never heard about here. Slap on a "imported from france" and sell it with a premium.

That's same as in Japan. Louis Vuitton would have never been so popular if they were Japanese.

Maybe Chinese and Japanese people have similar thinking? I mean technically/genetically/historically speaking, Japanese people are just bunch of Chinese people who moved to the little island called Japan you know?
Japan was just a little volcanic island where nobody lived and bunch of Chinese and some Korean people moved in and became "Japanese" anyways.

so yea, considering they have same ancestor it is not surprising.