Breaking: Chinese automaker to buy Chrysler?
by
Chief Editor on
Feb 23rd, 2009 at
8:32 pm /
2 Comments
Beijing Automotive Industry Co, a Chinese automaker, the parent of truck-maker Beiqi Foton Motor Co and Chinese partner of Hyundai Motor and Daimler AG, is interested in buying some of Chrysler’s vehicle and engine manufacturing facilities as well as technology to help boost its development of its own brand of automobiles.
Although talks are on going between the two auto makers, it seems that BAW are feeling confident about their planned purchases.
source: auto.163
