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Old 11-17-2006, 12:13 PM   #1
NYCshopper
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Default DaimlerChyrsler & Chery Automobile discussing producing Dodge Cars for US

DaimlerChyrsler & Chery Automobile discussing producing Dodge Cars for US

http://www.msnbc.msn.com/id/15765700/

Quote:
China automaker in talks to make Dodge cars
DaimlerChyrsler, Chery Automobile discuss joint venture

FRANKFURT, Germany - DaimlerChrysler AG said Friday it is holding talks with China's Chery Automobile Co. about a possible joint venture that would make cars for the Dodge brand for sale in the United States.

CEO Dieter Zetsche was asked during a visit to Beijing about the status of talks with Chinese automakers to beef up Chrysler Group's model lineup and offer smaller, more fuel-efficient cars for the Dodge brand as demand for SUVs and larger models wanes.

He said the company was in talks with several possible partners, but when asked if Chery was the preferred partner, he said: "It's fair to say."

Zetsche said he was optimistic that a decision would be reached in the "not so far future," according to DaimlerChrysler. However, he added that he could provide no timetable "because you can only talk about your own position. It takes two to tango."

Zetsche was in China ahead of the Beijing auto show this weekend.

China has the world's second-largest car market after the United States, with 7 million new vehicle sales per year.

In September, DaimlerChrysler formally opened its first factory to make Mercedes-Benz and Chrysler sedans in China _ part of the company's $1.9 billion investment in China.

The Beijing factory, which produces Mercedes E-Class and Chrysler 300C sedans, as well as Mitsubishi's Outlander sport utility vehicles, is a joint venture with a Chinese partner, state-owned Beijing Automotive Industries Corp.
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Old 11-17-2006, 10:29 PM   #2
gargleblaster
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I guess that's one way to get around the UAW.
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Old 11-18-2006, 09:26 AM   #3
Hazdaz
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And it begins....

First US corporations use these foreign companies to build their products for then using US designs.

Then the foreign companies figure out how to design the stuff themselves, thanks to these same US corporations for giving them the know-how.

Then the foreign companies decide that they don't even need the US corporations anymore and venture off on their own and compete directly with the US corporations.

Eventually the foreign companies overtake the US corporations, since chances are they are better managed, and beat the US corporations at their own game.

Rinse, repeat, ad nausium.
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