Chrysler and Nissan in production alliance


  • Business
  • Wednesday, 16 Apr 2008

DETROIT: Chrysler LLC and Nissan Motor Co Ltd unveiled on Monday a production alliance that gives the US vehicle maker the small car it lacks and allows the Japanese company to stay in the competitive full-sized US pickup truck market.

Chrysler and Nissan built on a smaller agreement the companies announced in January, but executives from both firms said the new arrangement was purely a production deal and declined to say whether they plan further financial ties.

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