Auburn Hills, Michigan – Nissan and Chrysler have announced a mutual agreement to end three vehicle-supply projects that the companies had announced last year.
The projects had involved a compact sedan provided to Chrysler by Nissan for the South American market, beginning this year; Nissan providing a small vehicle to Chrysler for global markets, beginning in 2010; and Chrysler providing a full-size pickup truck to Nissan, starting in 2011.
Teams from both companies had studied the viability of the projects in light of significant changes, and the companies determined that it was in their best interest to cancel the projects. The supply projects had been announced in January and April of 2008.
A separate agreement involving the supply of transmission from Nissan affiliate JATCO to Chrysler remains unchanged. That agreement has been in effect since 2004.