According to the US media (Automotive News), the Chinese government is pressing local car producers to acquire companies in North America and Europe to get access to their distribution channels which will eventually allow them to sell their own cars in those regions. This speculation contradicts other government statements that restrict foreign investments in order to limit the money outflow from China. In addition, the government intends to limit the credit growth and a takeover like this wi
15 Aug 2017
Speculations suggest FCA might be bought by a Chinese car producer
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Speculations suggest FCA might be bought by a Chinese car producer
Stellantis N.V. (STLA:WBO) | 0 0 0.3% | Mkt Cap: 34,343m
- Published:
15 Aug 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
According to the US media (Automotive News), the Chinese government is pressing local car producers to acquire companies in North America and Europe to get access to their distribution channels which will eventually allow them to sell their own cars in those regions. This speculation contradicts other government statements that restrict foreign investments in order to limit the money outflow from China. In addition, the government intends to limit the credit growth and a takeover like this wi