Thursday, July 05, 2007

From the new Chrysler: Chinese cars


Toys, cell phones, computers, clothing....so much of what we buy is made in China.

In 2009, we'll add automobiles to that list.

From AP:

Chrysler Group on Wednesday signed a deal with China’s biggest automaker, Chery, to launch a low-cost production venture that could export the first Chinese-made cars to the United States.

The first cars will reach Latin America or Eastern Europe within a year and models should be exported to North America and Western Europe in 2 1/2 years, said Chrysler CEO Tom LaSorda.

"As part of the Chrysler Group’s global transformation, we are finding new ways to bring vehicles to market faster, more efficiently and with less cost," LaSorda said at a signing ceremony.

The alliance offers 10-year-old Chery Automobile Co., based in the eastern Chinese city of Wuhu, an opportunity to realize its longtime ambition of entering the U.S. market.

America--and the world--will never be the same.

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