Cars
In a few years time, your "All-American Jeep" maybe manufactured in India if Chrysler LLC gets its way and finishes a deal with Indian contract auto manufacturing firm, Argentum Motors. But unlike this past weekend's reports about a possible merger between Chrysler LLC and GM that were never actually ratified (see details here), this story has been officially confirmed by the head of corporate communications for Argentum Motors, Colonel Bhagwati Prasad Suman. -Continued
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Cars
Indian Firm Confirms Talks with Chrysler for Outsourcing SUV Production
In a few years time, your "All-American Jeep" maybe manufactured in India if Chrysler LLC gets its way and finishes a deal with Indian contract auto manufacturing firm, Argentum Motors. But unlike this past weekend's reports about a possible merger between Chrysler LLC and GM that were never actually ratified (see details here), this story has been officially confirmed by the head of corporate communications for Argentum Motors, Colonel Bhagwati Prasad Suman. -Continued
Suman told Just-Auto that Argentum Motors is currently in negotiations with the Chrysler Group about an outsourced manufacturing deal adding that the Indian firm is busy retooling its plant to assemble larger vehicles.
"Right now the work is going on to augment the assembly lines which were made to manufacture small cars," said Suman. "Soon they would be big enough to handle an SUV. Any foreign car company would save at least 15% in the production cost if we manufacture their vehicles. Early birds would have the best deal as we are ready to work on a cost-to-cost basis," he added.
Chrysler has yet to issue a statement on the matter.
Via: Just-Auto (sub. Req.)
- Chrysler To Reopen Seven More Assembly Plants By End Of June
About a week after emerging from bankruptcy protection and finalizing a deal with the Fiat Group, Chrysler Group LLC confirmed today that in addition to the reopening of the Dodge Viper's Conner Avenue factory in Detroit on Monday, the firm plans...
- Chrysler Resumes Production With The Dodge Viper At Detroit Plant
Having emerged from bankruptcy protection on June 9, the newly formed Chrysler Group LLC restarted production at one of its Detroit assembly plants on Monday, June 15. The first factory to reopen after the company shut down for a period of almost two...
- Chrysler - Fiat Deal Signed, According To Italian Newspaper
Citing inside sources, Italian newspaper Corriere Della Serra reported Thursday morning that Chrysler LLC and Fiat have signed a deal to forge an alliance. However, according to Automotive News, Fiat later denied this. We've yet to see any official...
- Chrysler And Fiat Reported To Be In Partnership Talks
Once again, the media is reporting that Chrysler LLC and the Fiat Group is in talks to form a strategic partnership that could give the American automaker access to platforms, engines and transmissions to Fiat's mini, small and lower /upper medium...
- Rumor Xlvii: Cerberus May Sell Jeep Back To Renault, Chrysler To Gm
Ford's selling its Mazda stakes; GM and Chrysler are in merger talks and now, the latest rumor to emerge is that Chrysler LLC's owner, Cerberus is thinking of dismantling the company and selling its assets to various companies/automakers. We're...