Hallelujah! Chery and Fiat formally create JV to make good looking Fiats


grande punto Hallelujah! Chery and Fiat formally create JV to make good looking Fiats Fiat has finally gotten the message, perhaps they read China Car Times (we have been speculating), or rather they realized that their poorly selling vehicle line up in China was to blame for the lack of sales (and maybe not Nanjing Automotive)  Fiat just pulled out of the Nanjing Fiat joint venture.

An official from Chery announced today that Fiat and Chery will create a joint venture in 2008 that will see Chery and Fiat working together to produce the Fiat Linea, Bravo, and the Grand Punto for the Chinese market.

Chery and Fiat previously signed agreements to make the Alfa Romeo car in China, and supply engines to Fiat (yet Fiat seems to supply TATA with engines?)

Fiat sold a miserable 32,000 cars in 2006, but with new models, such as the Grand Punto, Fiat China expects to sell around 263,000 units in 2010 – a number which China Car Times believes could easily happen!

ash 010 web avatar Hallelujah! Chery and Fiat formally create JV to make good looking Fiats

Ash

Ash came to China at 18 on a whim and never left. Some 10 years later he collected a degree and a family along the way and now focuses his time on watching the Chinese car industry develop. He has witnessed the market change from being minor backyard market in to the world's biggest and most important market for all car manufacturers. You can contact or connect with him via Linkedin by clicking the 'Website' link.

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10 Comments so far, please add your thoughts!

  1. avatar jackson liu says:

    grand punto is a great looking car…
    but it is still a Fiat, though…

    • avatar Colin G says:

      And what is wrong with Fiat? Since their disasters in teh 70′s they’re now very good cars. Stylish, innovative (certainly the new 1.4 Turbo petrols engines are excellent), cheap, well built and safe (5 star Euro NCAP results). What more do you need?

  2. avatar jackson liu says:

    poor construction quality

    • avatar Colin G says:

      Well judging by the latest Grand Punto, Fiat 500, Panda and Bravo I’d say quality is there. The doors shut soundly, the dashboards use nice materials and the cars don’t initially feel poorly made. Obviously only time will tell. But then look at Skoda, the butt of all old jokes, but once people got past their prejudices we can see they are good cars.

      go look at the new Fiats and give them a chance. If nothing else they’ll perform better in crash tests than the rubbish chinese cars shown here!

  3. avatar Mememe says:

    Colin G is italian ?

  4. avatar Mememe says:

    Well, let’s look at things from different sides, the age of those “rubbish” Chinese makers, the age of Fiat, the expertise.

    • avatar candyman says:

      well, i don’t know about colin g nationality. i agree that it’s not fair to say that chinese car are “rubbish”.
      but i see that today on chinacartimes there are pics of crash test of 3 different chinese cars. and for 2 out of 3 the driver would be dead. all the latest fiat (grande punto, bravo, 500…) got 5 stars in euroncap crash test.

  5. avatar Mememe says:

    I don’t know about quality of Italian cars but I think their design is top notch.

  6. avatar jackson liu says:

    yeah, they rock on design…
    it’s a pity their cars are so disposable…

    I know this sounds so much like simple prejudice, but since my family has owned a fiat and an alfa romeo before, I can pretty much say I will NEVER buy anything from there again…

    unless it’s a Lambo… =)

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