January. 11 to become more global 2008 (Thomson financial supplied of Newstex) — DETROIT (AP) - an agreement, so that Nissan small cars in South America another is for more Chrysler to sell step in the continual search of the Chryslers established, one of said Friday main leader top the Chryslers. Kw_Japanese automaker and Chrysler LLC announced deal the Friday, which has Nissan supplying supply versionsupplying versions of its Versa subcompact for more Chrysler to sell in the quiet parts South America. None specific designations were announced. But President and presiding Tom Chrysler LaSorda said during conference call with reporters, the die company will speaking with Nissan and more other the global automakers about the something similar product parts treated ‘ We’re, which works on more other Material with other companies, ‘ LaSorda said nissan motor CO (NASDAQ:NSANY) supplies die cars, die also as Nissan models is sold, continue at Chrysler LLC thus United States automaker box sell it more under its own mark. Such agreements are rather general among automakers and are far short one major alliance, how Nissan with Renault the SA of France has. But they drastically and product victim can cut costs to strengthen immediately. Kw_top Nissan a Executivsaid, ‘ We’veWAR in agreement to maintain an opened dialogue in order more further product opportunities continue discussions with more Chrysler over dividing the other products to investigate, ‘ Dominique Thormann, older Vizepresident of the line and finance for Nissan in the north America, said into telephone interview ‘ Today, are this, which on that table is. I cannot do tell you, if this a mono-stable single negotiation will be, or it flowers in somewhat more?’ Nissan has with the idea United States of a partner, to solidify itself its position in the north America flirted, but discussions with United States automaker General engine Corp. (NYSE:GM) in 2006 fell apart. Nissan Chief ExecutivCarlos Ghosn, die also Renault to precede, have said, which is opened to the partnerships company, if they have potential to be successful like Renault Nissan the alliance. It also gave view, part die more Chrysler may building admission trucks for Nissan than deal, but Thormann and LaSorda said, which do not agree ‘ it give none quid Proquo, ‘ Thormann said. Yet LaSorda said more Chrysler and Nissan speak still ‘ where it win win gives, which could be for both parties there, set we’ll dialogue, ‘ he said fort. more Chrysler and Nissan said no plans also are there to get for from of A to Chrysler badged Versa to the north America, although more Chrysler at present no entry in in fast the growing subcompact or ‘ B market car ‘. Last year, announced more Chrysler deal together with largest independent car company that of China, Chery Automobile CO, to the produce and export small cars too Western Europe and United States. more Chrysler also establishes minivan for Volkswagen AG. Lin Zhang, general the manager of Chery internationally, explained die connected Press in November that production an Chery established more Chrysler for die United States least three or at four to years is distant. LaSorda said more Chrysler sank more operational funds into the Chery venture accelerates it and became double die 150 or so the people, die on it in the following 18 months works Tom Libby, older director of the industrial analysis for J.D. power and participant, said, which subcompact segment more importantly for more Chrysler and other in the coming years grow, because due market at the high fuel prices grows and because small cars are necessary, stronger United States fuel Wirtschaftstandards to correspond ‘ all mainstream marks a benoetigen entry in B segment, as soon as they can receive, ‘ he said. Nissan building of will die cars for more Chrysler at one factory in Mexico, in that current Versa is produced and distributed on States United, South America and other markets They on sale in 2009 as 2010 models, more Chrysler said goes was more Chrysler eager to extend international sales through Tie ups in order to extend into emerging markets partly, by sloping United States sales to shift Nissan, NR. 3 of Japan the automaker, turned itself around by the close bankruptcy more under the alliance 1999 with Renault. more Chrysler, conclusion the money been war, private, which is in August after Cerberus Capital management company, a that, long playing record majority more owner and bought 80,1 percent bar of German automaker Daimler AG. AP Business author Yuri Kageyama in Tokyo contributed to this report. Copyright 2007 connected Press. Everything corrected reserved This material may not to be published, transmission, to be again written or again-distributed. Newstex identification: AFX-0013-22202231
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