Nissan and chrysler join up

PRESS RELEASE

Chrysler LLC and Nissan Motor Co., Ltd. issued the following press release on Monday:

AUBURN HILLS, Mich / TOKYO (April 14, 2008) – Chrysler LLC and Nissan Motor Co., Ltd., today announced two new agreements for the supply of products between both companies. In January, Nissan agreed to supply Chrysler with a new car based on the Nissan Versa sedan for limited distribution in South America on an Original Equipment Manufacture (OEM) basis in 2009.

This new OEM exchange benefits both companies through range extension and the utilization of global manufacturing capacity. Highlights of the new agreement:

Nissan will manufacture an all-new, fuel-efficient small car based on a unique Chrysler concept and design. This new segment entry for Chrysler will be sold in North America, Europe and other global markets in 2010, and manufactured at Nissan's Oppama Plant in Japan.

Chrysler will manufacture a full-size pickup for Nissan. Based on a Nissan unique design, this truck will be manufactured at Chrysler's Saltillo (Mexico) Assembly Plant. In order to accommodate this product, Chrysler will shift volume from Mexico to its U.S.-based assembly plants that produce pickup trucks. Sales of the pickup in North America will start in 2011.

This latest OEM supply agreement extends a long standing product exchange relationship between the two corporations, with Nissan affiliate JATCO already supplying Chrysler with transmissions since 2004.

"Forging the right tactical partnerships is critical to the long-term success of Chrysler," said Tom LaSorda, Chrysler LLC President and Vice Chairman. "It also builds on the Company's inherent strengths, including the ability to respond rapidly and creatively to emerging opportunities."

"In January, we said we would continue to look for additional OEM opportunities with Chrysler," said Carlos Tavares, Executive Vice President, Nissan Motor Company. "This latest agreement builds on Nissan's proven track record to deliver win-win product exchanges with multiple manufacturers around the world," continued Tavares.
Since the signing of the first OEM agreement in January, the two companies have also agreed to maintain an open dialogue to explore further product-sharing opportunities.

Source: Chrysler

thats kinda as bad as vw making the new minivans for dodge or is it vice versa oh well cant remamber

VW is going to sell a rebadged caravan called the Routan... it' sa nice looking vehicle.... but not enough VW to do well.... it'll be overpriced and of poorer quality than if VW were to build it alone..... but oh well, i'm sure it'd be a different company if i made all the decisions

over priced and poor quality hmm sounds like a vw to me sry couldnt resist. i think it weird how dodge barly makes there own shit mercedes helped build the new charger and now vw and dodge, nissan and chrysler wat next jeep and toyota. I love nissan though.