As we
reported in February, Nissan Motor Co. CEO Carlos Ghosn would like to have a U.S. joint venture partner. And with Tuesday's news, Chrysler LLC is looking like a good option. The two announced their
second shared manufacturing deal of the year. In January, they announced an agreement for Nissan to supply Chrysler with a new car for limited distribution in South America.
Now, Nissan will manufacture a new small car, based on a Chrysler concept and design, to be sold in North America, Europe and other global markets in 2010, and manufactured at Nissan's Oppama Plant in Japan. In return, Chrysler will manufacture a full-size pickup for Nissan, based on a Nissan design and manufactured at Chrysler's Saltillo (Mexico) assembly plant. The pickups will be available for sale in the U.S. by 2011.
An article from 24/7 Wall St. points out that Ford Motor Corp. is in need of these types of alliances, since Ford lacks presence in China and its U.S. sales are lagging. The article even proposes
Volkswagen AG as a JV partner. -
Baz HiralalNo talks, but Nissan does want a U.S. JV partnerChrysler and Nissan confirm OEM agreementsGo to the story from the APRead the article from 24/7 Wall St.
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