Guangzhou Auto to buy Fiat platform for own brands
Guangzhou Automotive Group Co (GAC) now is in talks with Italian carmaker Fiat on technology cooperation, which includes GAC buying a manufacturing platform from Fiat for own-brand technology development, China Business reported last Saturday, citing sources of Fiat.
Fiat China’s public relations director, Zheng Xiaoli, told the newspaper that the two parties are still in talks [...]