(Reuters) - Fiat wants to sell 300,000 cars in China by 2010, but its
Nanjing venture produced just 31,300 cars last year. Its market
share is less than 1 percent, FT said.
Marchionne added that he remained committed to working out
the matter with Nanjing Auto, but that he would not rule out
opportunities to team up with other local auto makers, such as
SAIC Motor Corp., the country's biggest car maker, and Chery
Automobile Co.
Read more at Reuters.com Mergers News
Nanjing venture produced just 31,300 cars last year. Its market
share is less than 1 percent, FT said.
Marchionne added that he remained committed to working out
the matter with Nanjing Auto, but that he would not rule out
opportunities to team up with other local auto makers, such as
SAIC Motor Corp., the country's biggest car maker, and Chery
Automobile Co.
Read more at Reuters.com Mergers News
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