Dodge Nitro Forum banner
1 - 8 of 8 Posts

·
Dodge Nitro Forum
Joined
·
12,771 Posts
Well today Daimler Chrysler said it has signed a Letter of Intent that will bring small cars from China to be sold throughout the World, including the U.S.
The China's Chery Automobile Co is the other Automaker (not to be confused with Chevy) per an Article in MarketWatch by Dow Jones.

So maybe in the future you could by a small car from a Chrysler Dealership that is "Made In China" just like we do when purchasing from WalMart, today.

For a more detailed look, click on the below Link.


http://www.marketwatch.com/news/sto...x?guid={3630CF47-462C-4B81-8F09-56C7D525F99A}


I have seen another Article that states Chery will likely make cars marketed under Chrysler's Dodge brand.
 

·
Dodge Nitro Forum
Joined
·
12,771 Posts
Discussion Starter · #3 ·
Anyone here old enough to remember other Imports by Chrysler like:

Plymouth Cricket

Chrysler Sunbeam

Dodge & Plymouth Colt

Sunbeam Tiger

Plymouth Arrow Pickup

US Made Omni/Horizon

????????

Maybe not all be Imports but must have been designed overseas. Most looked foreign to me.
 

·
Registered
Joined
·
1,420 Posts
Money. At least, those actually doing the work...
The workers don't get paid well, but China makes plenty of money; that is U.S. currency. They are just about the biggest counterfeiter of U.S. currency on the planet. They also have excellent knock-offs of virtually everything Americans want. Trouble is, most of it just looks good but is actually crap. Still, I guess we should learn to show them a little respect. After all, Chinese is the fastest growing language on the planet.
 

·
Dodge Nitro Forum
Joined
·
12,771 Posts
Discussion Starter · #8 ·
Up-dated Article

Chrysler To Bring Chinese-Built Car To The U.S. Market


By The News, Tierney, Josee Valcourt
Published on 1/20/2007


In a bold move likely to set a historic precedent, DaimlerChrysler AG has become the first major automaker to confirm plans to sell Chinese-built cars in the United States after striking a deal with China's Chery Automobile Co.
Under the preliminary agreement, Chery is expected to produce small Dodge cars for DaimlerChrysler's Chrysler Group that will go on sale in North America in 2008.

“They have the capability and, with our engineering and design help, we feel we can form quite a partnership,” Chrysler CEO Tom LaSorda told The Detroit News in a recent interview.

“These guys have great expertise,” LaSorda said of Chery. “They're already exporting around the world.”

DaimlerChrysler and Chery, a state-owned carmaker based in China's eastern Anhui province, have signed a letter of intent but did not disclose terms. The deal still hinges on the approval of DaimlerChrysler's supervisory board, which is expected to give it the green light next month.

Several Chinese automakers, such as Chery and Geely Automobile Co., have floated plans to export cars to the United States — and U.S. automakers are pushing their suppliers to produce billions of dollars worth of components in China to keep costs down.

Honda Motor Co. exports a Chinese-built Fit subcompact to Europe, but DaimlerChrysler's deal with Chery marks the first agreement by a major automaker to bring a Chinese car to the United States.

“It's going to be something that General Motors and Ford will be looking at very closely, to determine if this is something they should follow,” said George Peterson, president of AutoPacific, a Tustin, Calif., consulting firm.
Last month at the Beijing auto show, GM Asia Pacific President Nick Reilly said GM already exports Chinese-built vehicles to countries such as Russia. “We've proven that we can do it,” he told reporters.

Chrysler has been looking for a low-cost partner to help it build a car smaller than the Dodge Caliber to compete in the burgeoning segment for entry-level cars.

Japanese automakers import cars such as the Toyota Yaris and a Honda Fit built in Japan, and GM imports the Korean-built Chevrolet Aveo.
“Every other automaker is importing B-segment cars into the U.S. market — except Chrysler Group,” LaSorda said. “We've got to get into play here.”
However, he added, “we're not talking huge volumes for the United States. The majority of the volumes will be outside the U.S.”

In Europe, compacts and subcompacts account for close to half the vehicle market, and such cars also are very popular in Latin America.
While the segment is still tiny in the United States, accounting for only about 3 percent of sales, analysts say it is important for automakers to have an entry-level car to attract young buyers.

Chrysler has shown concept subcompacts, such as the Dodge Hornet, which is smaller than the Caliber, but does not have a car on the market of that size.

DaimlerChrysler's decision to bring a car from China sends a strong signal to the United Auto Workers about its determination to cut costs.
The union balked recently at offering Chrysler the same health care concessions extended to GM and Ford, but is now negotiating with the Auburn Hills, Mich., automaker.

UAW officials could not be reached Friday for comment.

UAW President Ron Gettelfinger will have a chance to express his views on the deal, however, as a member of DaimlerChrysler's supervisory board.
LaSorda emphasized that Chrysler's trade with China is two-way. “We export engines and powertrains and components from the United States and Canada to China for the 300C and the Sebring and minivan” built in China for the Chinese market, he said.

Chrysler is struggling after losing $1.5 billion in the third quarter as demand fell for some of its larger vehicles. It expects to lose $1.2 billion for the full year, weighing on the results of Stuttgart, Germany-based DaimlerChrysler.
Currently, most auto production in China is aimed at satisfying booming local demand. Car sales in China are expected to reach 4 million this year, making it the third-largest car market after the United States and Japan. Chery recently announced plans to produce small engines for Italy's Fiat Auto. The Chinese automaker previously formed plans to export cars to the United States in a venture with entrepreneur Malcolm Bricklin, but that partnership has unraveled.


LINK:
http://www.theday.com/re.aspx?re=1c54562a-0cda-4866-ae2a-4fbe39584034
 
1 - 8 of 8 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top