Fiat mad in China

Fiat is thinking of a joint venture with Chinese carmaker Chery Automobile, through which the latter will build Fiat cars.

Right now, Fiat has a joint venture in place with Nanjing Automobile since 1999, through which they make the Palio and Siena subcompacts and the Perla compact sedan. But Fiat is seemingly unsatisfied with that partnership and has stated they will no longer put new models into production at Nanjing Fiat.

Nanjing recently failed to make a promised investment in the venture, prompting Fiat China president Franco Amadei to say that "the delayed reciprocal investment and inaction by NAC (Nanjing Auto) has been intolerable to Fiat," according to China People's Daily.

Chery, meanwhile is already in much publicized discussions with Chrysler to manufacture a Dodge branded compact car.

Tags: automotive, auto industry, automotive industry, China, Chinese auto industry, Chinese automotive industry, Chery, Chery Automobile, Chery Automobile Co., Fiat, Nanjing Auto, Nanjing Automobile, Franco Amadei, Nanjing Fiat

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