September 11, 2003
Volkswagen and DaimlerChrysler ink engine deal
Wolfsburg/Stuttgart, Germany – Volkswagen will supply DaimlerChrysler with 120,000 2.0-litre four-valve diesel engines a year, reports the company. The first deliveries will be made in 2005; the agreement runs until 2013.
The engines are targeted for use in Chrysler brand vehicles as well as in future models of DaimlerChrysler’s alliance partner Mitsubishi Motors. These passenger cars will be marketed exclusively in Europe.