Though Chrysler isn't exactly peachy in the finance department, some possible good news they still got. Its been announced that they will team up with Chery Automobile to make the next subcompact car for the north-american car manufacturer. Now that Chrysler said yes, its Chery's turn to get their approvals from the chinese leadership. Its doubtful they will stall on this, since this is a brilliant opportunity for Chery to enter the american market. Chrysler doesn't have a car in the B category, a very important one, and Chery will help them get it.
One of the problems is the engine, since Chrysler has only big ones. This means one of two options: either they take a Chery engine and upgrade it to meet environment standards or they make a new engine.
Its not gonna be easy. Chery needs to match the Japanese and Korean quality, safety and reliability. Initially it was supposed to be the Hornet this new car, but it will be a new one in the end.
March 01, 2007
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