Fiat Chrysler is contemplating a second joint venture in China, this one with BAIC Group to grow the company’s business in the country.
Discussions are early, according to Bloomberg News, but would help the automaker expand its footprint in the country. Currently it has a partnership with Guangzhou Automobile Group, which began in 2010 with the production of Fiat vehicles.
It expanded last year as the companies opened a new plant in the Hunan province to build Jeep Cherokees. It grew again this year as FCA began making the hot-selling Jeep Renegade there as well. (more…)