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Filed under: China , Chrysler, LLC. , Dodge Above: Great Wall Peri Most automakers are struggling with horrible US market conditions right now, but unlike competitors such as Toyota and Ford, Chrysler doesn't have sales in other areas of the world to fall back on. The Pentastar is looking to improve its fortunes overseas while also benefiting from low labor costs by partnering with the Great Wall Motor Company. The young Chinese automaker doesn't specialize in the small vehicles Chrysler needs here in the States, however, as the company's primary focus is on trucks and SUVs. The goal of the union is to share distribution channels, technology, and components, which should save both companies money in R&D and improve economies of scale. The deal is unrelated to a separate pact with Chery to produce a small, Dodge-branded car for sale in North America. With sales down in the states by 28% in June, Chrysler appears to be in the most trouble of the Detroit automakers in the near...
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Filed under: China , Government/Legal , Plants/Manufacturing , Chrysler , Ford , GM , Earnings/Financials American automotive companies have been doing rather well for themselves these last few years in China. Still, the majority of manufacturing those vehicles is done in China using locally sourced parts. For this reason, the Chinese government has been facing pressure to ink more deals with American companies for the export of goods there, which is apparently now beginning to take place. Ford, for instance, has announced that it will be sending 30,000 complete vehicles (no word on which ones) to China along with other various auto parts. General Motors has also signed on with about $1 billion in vehicles and parts for export to China. Chrysler too will get in on the trading, though its deals will likely be smaller than either Ford's or General Motors'. All in all, the automotive sector will make up about $2 billion of the recently announced deals, which total more than $8.3 billion...
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Filed under: Convertibles , Economy , China , Chrysler , Dodge If you've been waiting on pins and needles for a small Chrysler that's due to be built in China by Chery, you're going to have to twiddle your thumbs a little longer. Though we've been hearing about a Chrysler/Chery Hornet or Demon for some time, execs from both companies don't believe the products are ready for North America, yet. Quality and safety are still a concern with the vehicles, but Chrysler's China boss Phil Murtaugh feels the challenges are far from insurmountable. Chery Chairman, Yin Tongyao, is also convinced that more work needs to be done to get the product up to US standards, saying the US and Europe are "very mature markets." Chery is dying to get its affordable vehicles into the US market, but both Chrysler and Chery seem to understand that any sub-standard Chinese vehicles are destined to take their place next to Yugo in the history books. Chances are that the two companies...
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Filed under: Economy , China , Plants/Manufacturing , Hatchbacks , Chrysler , Dodge The Dodge Breeze is A #1. Or, rather, it's an A1. Chinese automaker Chery's deal with Chrysler LLC to produce small cars for Chrysler's three brands begat the little buzz-about you see above. The photo appeared on a Chinese forum and is supposedly the Chinese Plymouth Dodge Breeze, one of the aforementioned adventures in rebadging. The cars produced as a result of the agreement would not be limited to China, as the low-end rides would be sold in other developing markets, and high-end cars will be destined for others. The Breeze would be a Chinese-built car that gives Dodge a presence in the minicar segment. It also has the honor of dragging (if obliquely) The Brand Formerly Known As Plymouth back into our lives, though we really wish they would have gone with Volare. [Source: Carscoop] Read | Permalink | Email this | Comments
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Filed under: China , Hirings/Firings , Chrysler , GM Chrysler proved once again that it will spare no expense to draw leading figures in the industry to man the helm of the it's turnaround. Today, Chrysler LLC announced that it's hired a 32-year veteran...
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