DETROIT—Fiat Chrysler Automobiles NV announced last week that it will invest $4.5 billion in five plants to build new models of Jeeps to compete in the lucrative market for full-size, three-row SUVs currently dominated by rivals General Motors Co. and Ford Motor Co.

BAODING, CHINA--Chinese automaker Great Wall Motor Co. said on Monday that it was interested in buying the Jeep brand. Fiat Chrysler Automobiles, the Italian-controlled company that owns Jeep, said it had not heard from Great Wall, however, suggesting that considerable ground would have to be covered before a deal could be reached.