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Chrysler being courted by 3 Chinese carmakers - report.

Europe Intelligence Wire

| February 28, 2007 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AFX Europe (Focus))

BEIJING (XFN-ASIA) - Three China-based automakers have separately begun talks with DaimlerChrysler AG about potentially buying its Detroit-based Chrysler unit in order to speed up their global expansion, the South China Morning Post reported, citing unnamed sources.

Shanghai Automotive Industry Corp (SAIC), Jilin-based FAW Group Corp and Anhui-based Chery Automobile have joined carmakers from around the world in early talks with the German company about …

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