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Posts Tagged ‘Fiat Chrysler BAIC venture’

FCA Talking with Potential Partner for Second China JV

Company late to the market, seeks to make up for lost time.

by on Sep.15, 2016

Production of the new Jeep Renegade began this year in Guangzhou, China. Fiat Chrysler is looking for more growth in China.

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.

Global Auto News!

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…)