Chrysler may build with China's Chery

Discussion in 'General Motoring' started by Jim Higgins, Feb 27, 2007.

  1. Jim Higgins

    Jim Higgins Guest

    Chrysler exports jobs and production to China and shuts down plants here
    while Toyota builds plants and cars here and hires Americans. Who is the
    "American" company?

    Chrysler may build with China's Chery
    http://www.detnews.com/apps/pbcs.dll/article?AID=/20070227/AUTO01/702270350/1148

    Chrysler could receive the green light from DaimlerChrysler AG's supervisory
    board as early as today to begin a ground-breaking project to build small
    cars with China's Chery Automobile Co. for the U.S. and other markets.

    Chrysler signed a letter of intent last year to form an alliance with Chery,
    which would build small vehicles for Chrysler potentially under its Dodge
    brand. DaimlerChrysler's supervisory board, which is meeting in Germany this
    week, will review the plan and could give it the go-ahead, said people
    familiar with the situation.

    Separately, the automaker reportedly is negotiating to expand its
    relationship with Chery to include auto parts and a wider range of car
    models.

    Chrysler lost $1.5 billion last year and has launched a comeback plan that
    includes cutting 13,000 hourly and salaried jobs by 2009.

    Chrysler spokesman Mike Aberlich declined to comment on the board meeting or
    discuss whether Chrysler and Chery are in discussion to broaden their
    relationship.

    "We do currently sell four-cylinder engines to them from South America and
    we've talked about a small car focusing on the b-segment," Aberlich said.
    "That would be an arena that Chrysler Group doesn't play in right now."

    Chrysler chose Chery in December to export small cars from China. The move
    would give Chrysler, known for its beefy trucks and SUVs, a presence in the
    growing subcompact segment to capture young buyers.

    The automaker showed off its Dodge Hornet concept at the Geneva Auto Show in
    2006, a car smaller than the Dodge Caliber that's sold in the United States
    and abroad.

    The automaker's plan hinges on the supervisory board's approval.

    "Chrysler could be hedging its bets and continuing down the same road they
    had started before talking to GM," said Rebecca Lindland, a Global Insight
    analyst in Lexington, Mass.
     
    Jim Higgins, Feb 27, 2007
    #1
  2. Jim Higgins

    rav Guest

    Doesn't mean that "Americans" will BUY those.

    I will be in that group.
     
    rav, Feb 27, 2007
    #2
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