Friday, April 18, 2008
Chrysler and Nissan finalise alliance
Carmakers will jointly produce a new small car and pickup
Chrysler and Nissan have extended a collaboration agreement to include two new vehicles which they will build for each other.
Nissan will manufacture an all-new fuel efficient small car based on a Chrysler concept which will be sold in Europe and America in 2010.
This follows an agreement in January when Nissan agreed to supply Chrysler with a car based on the Versa saloon for South America.
In return Chrysler will manufacture a full size pick-up based on a Nissan design. The model will be built in Mexico and sold in North America in 2011.
Financial details of the new agreement have not been released but in a joint statement the carmakers said they had agreed to maintain an "open dialogue" to explore further "product-sharing opportunities".
DATED: 18.04.08
FEED: MT
Chrysler and Nissan have extended a collaboration agreement to include two new vehicles which they will build for each other.
Nissan will manufacture an all-new fuel efficient small car based on a Chrysler concept which will be sold in Europe and America in 2010.
This follows an agreement in January when Nissan agreed to supply Chrysler with a car based on the Versa saloon for South America.
In return Chrysler will manufacture a full size pick-up based on a Nissan design. The model will be built in Mexico and sold in North America in 2011.
Financial details of the new agreement have not been released but in a joint statement the carmakers said they had agreed to maintain an "open dialogue" to explore further "product-sharing opportunities".
DATED: 18.04.08
FEED: MT
