After Geely denied that it is buying into Fiat Chrysler Automobiles (FCA), another Chinese carmaker is now in the picture. Great Wall Motors (GWM) is reported by Reuters as interested in a stake in FCA. Great Wall, China’s biggest producer of SUVs, is reportedly keen on FCA’s Jeep brand.
A GWM spokesman told the newswire that the firm had “an intention to acquire” FCA. It is not clear if GWM is looking just at Jeep, the entire FCA Group or a stake in the Italian-American carmaker. FCA’s brands include Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Lancia, Maserati and Ram.
Ram is a truck brand, but its presence is limited to its home market of North America. Jeep on the other hand has a global footprint and is much more well known internationally, both in name and design. Great Wall’s SUVs are sold in Malaysia under the Haval brand, which has the H1 and H2 crossovers. More are coming this year.
Are we looking at another Geely acquires Volvo case?
GALLERY: Haval H6 Coupe
GALLERY: Haval H9
GALLERY: Haval H2
Looking to sell your car? Sell it with Carro.
Geely denied? But Geely oso denied wanting to buy P1 wor… Anyways, ItaliAmerika is going around China hawking themselves to whoever got they money. Lets see if their bashers will get themselves in knot on selling out to China.
Great Wall makes good cars, they’re best seller in China, they must’ve done many things right with their cars.
But here it’s a little slow. Damn shame, the H2 is quite promising actually. Local distributor needs to buck up to increase their market presence.
Actually they want to reduce H2 prices in Malaysia. But MITI don’t allow. They want to PROTEK PROTEK PROTEK Proton.
If Haval sell for RM20k less, nobody will buy Proton.
Proton will cry so loud like baby and say, “Oh wai Oh wai Oh wai!”
Hope more China mainland companies buy companies in Malaysia so that they can instill hard work culture in Malaysians
Preconception > all
You ask current GW owner in Msia if their car is good.
Said Haval salesman.
Eventually just like how Russel Peters is saying soon everyone will get screwed by an Indian national, the tongsan overloads will one day probably own all automakers.
I wished China companies will one day have the chances to purchase and own Rolls-Royce and Ferrari, hopefully in less than half a century from now.
Now GWM has the chance to get their hands on Jeep, Maserati and Alfa Romeo, grab it.
Hardly, India still far behind with their less productive workforces, poor infrastructure and too many red tape regulation.
Look like jeep had potential in msia
Typical Chinese strategy trying to legitimize espionage and solidify in house copy paste research and development.
I wonder how many haval/GWM sold in Msia, no data provided…. Can see new one everymonth
Went to Haval showroom in Kajang. You would expect warm welcome from them to get a new customer. Instead the showroom was devoid of any sales person and there was only one car H1 I think which was locked because it is already sold. The lady manning the showroom was not really interested to promote her products. In the end I just left.
it is a shame when 7th biggest car manufacturer sold to Chinese car manufacturer.
Ha ha ha. When U are Cash rich, U can buy any damn thing. The Great Wall of China is no different from any American, German or Japanese.
If they think it serve their purpose of expanding, grow & prosper, why not?? At least they buy without cheating their own people.
What’s there to moan about. If you can’t beat them, join them.
Habislah amerika itali kena jual dengan china.
Jeep is one of the jewels in the FCA’s stable, off-loading it would be unthinkable. Most likely this could be stake acquisition exercise. On the other hand, FCA hasn’t done much to the Lancia’s brand considering its glorious motorsport history. FCA should come out with new Lancia products that emulate the DNA of Lancia’s greatest cars such as the Lancia Fulvia , Stratos, Beta Montecarlo and the Delta HF Integrale..