{"id":11404,"date":"2007-02-26T23:41:37","date_gmt":"2007-02-27T06:41:37","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/02\/26\/china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter\/"},"modified":"2007-02-26T23:41:37","modified_gmt":"2007-02-27T06:41:37","slug":"china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/02\/china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter\/","title":{"rendered":"China First Automobile Works wants to buy Chrysler &#8211; China Business Infocenter"},"content":{"rendered":"<p><a href=\"\/wp-content\/uploads\/mt-old\/thumbnail\/09.jpg\"><img loading=\"lazy\" decoding=\"async\" alt=\"09.jpg\" src=\"\/wp-content\/uploads\/mt-old\/thumbnail\/09-thumb.jpg\" width=\"150\" height=\"73\" \/><\/a><br \/>\nAnother Cnooc scenario that stirs up China bashing? And will troubled US auto industry make a surprise move to be bought up by a Chinese firm? From China Business Infocenter (photo: FAW&#8217;s Red Flag sedan, via <a href=\"http:\/\/www.faw.com\/webcontent\/index.htm\">FAW web site<\/a>):<\/p>\n<blockquote><p>Shanghai &#8211; <a href=\"http:\/\/en.wikipedia.org\/wiki\/First_Automobile_Works\">China First Automobile Works (FAW)<\/a>, China&#8217;s biggest auto maker, is interested in buying the money loosing <a href=\"http:\/\/en.wikipedia.org\/wiki\/Chrysler_Group\">Chrysler Group<\/a> from <a href=\"http:\/\/en.wikipedia.org\/wiki\/DaimlerChrysler\">DaimlerChrysler AG<\/a>. Representatives from FAW are already in the U.S. for discussions with Chrysler, sources say, according to the Oriental Morning Post in Shanghai on Tuesday. The offered prices has not been disclosed, but speculations hoover between four and five bullion US dollar.<\/p>\n<p>Based in <a href=\"http:\/\/en.wikipedia.org\/wiki\/Changchun\">Changchun<\/a> of <a href=\"http:\/\/en.wikipedia.org\/wiki\/Jilin_Province\">Jilin Province<\/a> in Northern China, FAW is a conglomerate of nearly 50 wholly owned or partially owned companies, including joint ventures with <a href=\"http:\/\/en.wikipedia.org\/wiki\/Volkswagen\">Volkswagen<\/a> and <a href=\"http:\/\/en.wikipedia.org\/wiki\/Toyota\">Toyota<\/a>.<\/p>\n<p>Both spokespersons from DaimlerChrysler in China and FAW declined to comment on this. <a href=\"http:\/\/www.cbiz.cn\/news\/showarticle.asp?id=2454\">[Full Text]<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Another Cnooc scenario that stirs up China bashing? And will troubled US auto industry make a surprise move to be bought up by a Chinese firm? From China Business Infocenter (photo: FAW&#8217;s Red Flag sedan, via FAW web site): Shanghai &#8211; China First Automobile Works (FAW), China&#8217;s biggest auto maker, is interested in buying the [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[3797,3772,3500],"class_list":["post-11404","post","type-post","status-publish","format-standard","hentry","category-economy","tag-auto-industry","tag-faw","tag-mergers-and-acquisitions","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China First Automobile Works wants to buy Chrysler - China Business Infocenter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2007\/02\/china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China First Automobile Works wants to buy Chrysler - China Business Infocenter\" \/>\n<meta property=\"og:description\" content=\"Another Cnooc scenario that stirs up China bashing? And will troubled US auto industry make a surprise move to be bought up by a Chinese firm? From China Business Infocenter (photo: FAW&#8217;s Red Flag sedan, via FAW web site): Shanghai &#8211; China First Automobile Works (FAW), China&#8217;s biggest auto maker, is interested in buying the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2007\/02\/china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2007-02-27T06:41:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/mt-old\/thumbnail\/09-thumb.jpg\" \/>\n<meta name=\"author\" content=\"Michael Zhao\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cdt\" \/>\n<meta name=\"twitter:site\" content=\"@cdt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Zhao\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2007\/02\/china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2007\/02\/china-first-automobile-works-wants-to-buy-chrysler-china-business-infocenter\/\"},\"author\":{\"name\":\"Michael Zhao\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/74a70b794a1771465ab87c2c4741bf18\"},\"headline\":\"China First Automobile Works wants to buy Chrysler &#8211; 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