Those are words you might need to get used to hearing, as the possibility of a sale of Chrysler’s parent to a Chinese automaker has become very real.
Sergio Marchionne, CEO of FCA, has made it clear he’s looking to partner with another automaker. General Motors and Ford have both denied him, and now the auto exec is taking suitors from overseas. In fact, he has reportedly received and rejected one bid from a Chinese automaker, but that has opened the door to the possibility of receiving an acceptable offer for an outright takeover. Continue reading >>>