FCA Clears The Air: Says Third Party Interest In Jeep Brand Are Rumours

FCA has confirmed that the Jeep brand is not for sale and news regarding the same were only rumours.

By Rajkamal

There has been a lot of talks recently, about other companies like China's Great Wall Motors being interested in buying the Jeep brand. While this did create a buzz in the industry, FCA has stepped up to clear the air.

FCA says such talks about third party interests in buying the Jeep brand is nothing but rumours. FCA has confirmed in an official statement that the carmaker was not approached by Great Wall Motors in connection with the Jeep brand or any other matter relating to its business.

jeep brand not for sale confirms fca

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The official statement also says: "FCA is fully committed to its 2014-18 plan, having achieved each one of its targets to date and with only six quarters left to its completion."

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The rumours that were floating around the internet hinted to many as the brand (Jeep) was suffering financially. This news also scared customers and potential buyers, as such news might hamper warranty and service. Thanks to FCA, things are now clear.

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Read more on: #jeep
Article Published On: Wednesday, August 23, 2017, 10:00 [IST]
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