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Chrysler and Nissan team up on new models

Chrysler and Nissan have announced new agreements for the supply of products between both companies for two new cars.

Nissan had already agreed to supply Chrysler with a new saloon car for South America on an original manufacturer equipment basis for 2009.

However, the Japanese manufacturer will now also manufacture a new, fuel-efficient small car based on a new 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.

In return, Chrysler will manufacture a full-size pickup for Nissan. Based on a Nissan design, the truck will be manufactured at Chrysler’s Saltillo assembly plant in Mexico.

Chrysler will shift volume from Mexico to its US based assembly plants that produce pickup trucks in order to accommodate the new product. Sales of the pickup in North America will start in 2011.

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.

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