The Chrysler-Kia alliance that never was

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Filed under: Etc., Chrysler, LLC., GM, Hyundai, Kia, FIAT, Rumormill

Chrysler has been trying to shack up with another automaker for quite a while now, and the trail of relationships that never got off the ground reads like a middle school diary. While Chrysler's deal with Fiat has all but gotten 500s rolling out of plants on this continent, a deal with Kia had been worked pretty hard as a way to source a car, resulting in a term sheet for the relationship. Kia ultimately put the kibosh on the deal, citing manufacturing issues, a move that sent Tom LaSorda around the globe trying to play matchmaker for his employer.

A deal with Nissan to swap trucks for small cars was all but official, but fell apart after the financial climate worsened further, so it seems there will be no Ram-based Titan after all. Another joint deal was investigated, this time with GAZ and Magna, to build a car in Russia using excess GAZ capacity. Serious talks with General Motors even went on under the "Project America" moniker back in October. For all the efforts to get the Auburn Hills automaker betrothed, it finally seems like things are moving along with an assist from Fiat, and we should start to see the nuts and bolts of the deal come together now.

[Source: WSJ]

The Chrysler-Kia alliance that never was originally appeared on Autoblog on Thu, 07 May 2009 10:59:00 EST. Please see our terms for use of feeds.

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[Ahmed Anwer]

حد يترجم !!!