Sunday, January 13, 2008

Carlos Ghosn was not successful in forging a deal with GM. But, here is an alternative !

Nissan and Chrysler have agreed to have Japan's number one carmaker supply cars to Chrysler for sale in South America from next year, the companies said.

The car model, based on the Nissan Versa sedan, will be supplied under OEM agreement.
That means Nissan Motor Company will supply the cars, which are also sold as Nissan models, to Chrysler so the US carmaker can sell them under its own brand.They can help cut costs and strengthen product offerings immediately.

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