Comments on: Nanjing wont acquire more than 10% of SAIC http://www.chinacartimes.com/2007/12/18/nanjing-wont-acquire-more-than-10-of-saic/ Explaining the Chinese Car Industry and Chinese Cars Thu, 04 Dec 2008 01:41:09 +0000 http://wordpress.org/?v=2.2.2 By: Ashley http://www.chinacartimes.com/2007/12/18/nanjing-wont-acquire-more-than-10-of-saic/#comment-26567 Ashley Wed, 19 Dec 2007 14:25:09 +0000 http://www.chinacartimes.com/2007/12/18/nanjing-wont-acquire-more-than-10-of-saic/#comment-26567 By all accounts, the Nanjing Fiat JV is on its very last legs and should be pretty much DOA by mid 2008. Nanjing doesnt have much else, besides Nanjing MG (which has yet to show a profit) and IVECO (which shows a profit) as does the light truck range. The rest is baggage. By all accounts, the Nanjing Fiat JV is on its very last legs and should be pretty much DOA by mid 2008.

Nanjing doesnt have much else, besides Nanjing MG (which has yet to show a profit) and IVECO (which shows a profit) as does the light truck range. The rest is baggage.

]]> By: dragin http://www.chinacartimes.com/2007/12/18/nanjing-wont-acquire-more-than-10-of-saic/#comment-26564 dragin Wed, 19 Dec 2007 13:51:48 +0000 http://www.chinacartimes.com/2007/12/18/nanjing-wont-acquire-more-than-10-of-saic/#comment-26564 Stretching for only 10 to 15 percent is very telling about the overall financial strength of Nanjing Auto. In the best case scenario, in 5 or 10 years Nanjing will be to SAIC what Saturn is to General Motors. A small appendage. Stretching for only 10 to 15 percent is very telling about the overall financial strength of Nanjing Auto.
In the best case scenario, in 5 or 10 years Nanjing will be to SAIC what Saturn is to General Motors.
A small appendage.

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