GAC Fiat Chrysler's Key Assets Set for Sixth Auction
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Author:小编   

On the evening of September 27, the administrator overseeing GAC Fiat Chrysler's bankruptcy liquidation unveiled the company's asset - disposal strategy. This strategy marks a shift from selling the core assets as a single bundled package to dividing them into two distinct asset packages, which will be made available for public online bidding. One of these packages encompasses land and buildings, with an initial bid set at approximately 600 million yuan. The other package includes production equipment and related items, with the starting bid estimated at around 200 million yuan, though the exact figure is subject to the official announcement. The combined starting bid for these two packages must not fall below 80% of the fifth failed bid price for the previous overall assets. Over the past two years, these core assets have been put up for auction as a bundled package on five separate occasions, yet none of these attempts attracted participation from investors within the automotive sector.