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Chrysler-Chery production deal may finally be near completion

The ongoing saga of Chrysler's attempted partnership with Chery Automotive of China may finally be close to a resolution. According to business publication Information Times, a final deal for a joint venture may be near. The American and Chinese companies would each have a fifty percent stake in the manufacturing venture at a new plant with a capacity for 250,000 cars a year. The venture is expected to produce rebadged versions of the Chery A1 (pictured above) and A3 mini cars with Chrysler putting up cash for the deal and Chery providing land ... Read more →

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