Just a few days ago, it was reported Fiat Chrysler Automobiles had an offer on the table and could ultimately be sold to an unknown Chinese company. Since then, it has been said that Geely was out of the running, as was Dongfeng, and now you can add Guangzhou onto the list of companies that said “no thanks.” Word was that a well-known Chinese automaker had put up an offer, and after being reported to the masses via TV and Internet, FCA’s stock even climbed a bit. That being the case, it tells us that investors have more faith in Chinese automakers than FCA itself, but despite this, the most recent offer was rejected because it just wasn’t enough. Of course, that doesn’t mean there aren’t other companies that could bring some much-needed love to FCA, including brands like SAIC, Chery, and even BYD. But, rumor has it that the most recent offer was just over FCA’s market value, which is right around $20 billion. It almost sounds like Sergio Marchionne seems to think FCA is more valuable than it really is.