Chrysler and Chery end cooperation

  • 10-Dec-2008 12:53 EST

Chrysler LLC and Chery Automobile Co. have mutually agreed to kill the idea of the chinese automaker producing small cars for its American counterpart, according to Chrysler. The two companies signed an agreement in 2007 to bring the idea to fruition, but "the discussions with Chery over the past year have allowed both of our companies to gain better insights into the opportunities and challenges of pursuing growth in the global auto market," Chrysler's Mike Manley, Executive Vice President-International Sales and Marketing, said in a statement. "The economic situation and market environments around the world have changed significantly since the agreement was signed."

Sector:
Topic:
Mentions:
Share
HTML for Linking to Page
Page URL
Grade
Rate It
0.00 Avg. Rating

Read More Articles On

2017-05-19
At Envisage, traditional coachbuilding skills blend with 3D printing and other digital tools to create concept/show vehicles and individual bespoke solutions.
2017-04-18
The MX-Z series of laser markers from Omron provide high quality, permanent identification with what the company claims is superior flexibility in terms of marking and connectivity with the ability to integrate easily to other systems or controls.
2017-04-17
Audi reveals details of the structural technology of its upcoming A8 as Audi and Porsche Chairmen pledge closer co-operation.
2017-07-31
Chrysler, Toyota, Faurecia and AP&T recognized with the 2017 Altair Enlighten Award for their efforts to reduce vehicle weight.

Related Items

Training / Education
2013-04-09
Standard
1987-05-01
Technical Paper / Journal Article
2009-06-15
Article
2017-04-18
Training / Education
2013-04-09
Technical Paper / Journal Article
2011-05-17
Book
2009-02-16
Training / Education
2017-10-31
Article
2017-02-11
Article
2017-02-09
Training / Education
2017-10-31
Article
2017-03-16
Event
2018-04-10