Great Wall pushes back on Fiat Chrysler speculation


(MENAFN- Asia Times)

After Chinese carmaker Fiat Chrysler expressed interest on Monday in buying some or all of Fiat Chrysler, including the Jeep and Ram truck brands, specifically, the company dampened enthusiasm on Tuesday.

In a released to the Shanghai Stock exchange, the company confirmed interest in FCA, but said that there was a 'great deal of uncertainty' regarding any future progress on a deal.

Shares fell as much as 2% in Shanghai on Wednesday, before closing down 1.6%.

The DailyBrief Must-reads from across Asia - directly to your inbox Comments

MENAFN2308201701590000ID1095765062


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.