Chrysler collaborating with Nissan

Chrysler has announced that they are now collaborating with Nissan.

The two companies are now going to form a production alliance.

Chrysler would gain small car expertise from Nissan while Nissan would get a chance to stay competitive in the US market.

Nissan would now be building a small car for the US based automaker. Chrysler would be manufacturing a new full-sized pickup truck for Nissan.

The new small car from Chrysler would be built in Japan and sold in several markets around the world including USA, Europe.

Dominique Thormann, senior vice president, administration and finance for Nissan North America had this to say on the new developments: “This is an OEM exchange. We don’t have a business discussion ongoing currently.”

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