December 17, 2008

Chrysler China Looking for New Partner After Chery reports on Chrysler China chief inspecting Great Wall Auto and developing plans for a small car and hatchback under Chrysler brand for export markets. China is Chrysler's largest market year-to-date outside North America and sales grew 217 percent to 20,655 units in the first ten months of this year.

Chrysler will shut production at all 30 USA factories next month the company said today. Meanwhile GM and Shanghai Automotive (SAIC) just openend a brand new plant in Shanghai.

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