The writing’s been on the wall for some time now: Fiat Chrysler can’t survive on its own. Now, it looks like the Chinese will save yet another automaker. This comes after CEO Sergio Marchionne failed repeatedly to get other car companies like the Volkswagen Group and GM to form an alliance.
According to a report from Automotive News, several Chinese automakers have smelled the blood in the water. Supposedly, Fiat Chrysler Automobiles isn’t responding to their requests to buy out the company.
If one of these requests gets approved, you could say FCA is an American-Italian-Chinese automaker. Depending on your perspective, that’s either a horrible thing or a possible improvement. If anything, it would signal the direction the industry has been going in for years now.
After all, Nissan and Renault have been in an alliance for years. Before, people would’ve thought a Japanese-French cooperative was too bizarre. Jaguar Land Rover answers to Tata Motors in a weird reverse-colonial business arrangement.
There’s even speculation that Honda and GM will team up even more than they already have been. While we’re at it, might as well fantasize about a BMW-Mazda partnership.
Back to FCA, Automotive News pointed out that Great Wall Motors is probably a frontrunner in the bid to buy the company. FCA executives recently traveled to the automaker’s headquarters in China, and that was reciprocated. No matter which Chinese company buys FCA, it would enjoy an unprecedented opportunity to break into the American market.