China's Geely says has no plan to buy Fiat Chrysler
Published Wed, Aug 16, 2017 · 10:51 AM
[HONG KONG] Geely Automobile said on Wednesday it has no plan to buy Fiat Chrysler, dismissing media speculation the Chinese company was interested in the Italian car maker.
Gui Shengyue, executive director of Geely Automobile, said on the sidelines of an earnings conference when asked if he was interested in Fiat: "We don't have such plan at the moment."
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales