Chrysler, Nissan Ink Deal For South America

  • January 17, 2008
Chrysler LLC and Nissan Motor have signed an agreement that makes Nissan Chrysler's source for a new car for limited distribution in South America. The Chrysler-badged car, to be built on the Nissan Versa architecture, will go on sale in 2009.

Nissan affiliate JATCO began supplying Chrysler with transmissions since 2004.

The two companies have also agreed to, per the companies, "maintain an open dialogue to explore further product-sharing opportunities."

--Karl Greenberg

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