Chrysler Ceases Talks with Great Wall Motor
US auto giant Chrysler LLC has lately terminated the cooperation negotiations with Great Wall Motor Co., Ltd., discloses Wang Fengying, president of the Chinese automaker.
Analysts say that the termination results from the tie-up of the US auto giant and Italy's Fiat. The Chinese automaker denies the saying, stressing that Chrysler and Fiat have just signed a nonbinding agreement.
For the moment, Great Wall Motor will pay the most attention to the development of its proprietary brands, and it has not contacted any partner yet, tells the president.
The automaker sold 125,000 units in 2008, including 55,000 units for export and falling far behind the goal of 200,000 units. This year, it will release 13 new products and reach the 200,000-unit goal.
Notably, after the departure with Beijing Automotive Industry Holding Co., Ltd., Chrysler ceased the cooperation talks with Chery Automobile Co., Ltd. (CAC), a fast growing carmaker in China, in late 2008.
Views:0
- Chrysler Recalls 1.2 Million Dodge Ram Trucks 2013-11-12
- Chrysler to sell natural gas-powered truck 2012-03-09
- Chrysler starts to sell CNG trucks 2012-01-13
- Chrysler fully commits to light-, medium-duty for 2010 2010-01-13
- China's Auto Sales Eclipse Flat US Market In November 2009-12-02
- Chrysler creates Dodge Ram brand for trucks 2009-10-09
- Nissan still hoping to link with Chrysler on pickups 2009-08-18
- Fiat Posts 2Q Net Loss, Confirms 2009 Targets 2009-07-23
- Great Wall Breaks Off Talks with Chrysler 2009-03-17
- Great Wall and Chrysler Suspend the Cooperation China 2009-03-13
Submit Your Requirements, We Are Always At Your Service.
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.
