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Filed under: Manufacturing/Plants, Chrysler, Nissan, South/Latin America

Chrysler will sell the Nissan Versa in South America



Chrysler LLC and Nissan Motor Co., Ltd., have announced that they have reached an agreement in which Nissan will provide Chrysler a car, to be distributed only in South America, based on the Nissan Versa for 2009. This is the second supply agreement between the two automakers, since JATCO, a Nissan subsidiary, has been providing Chrysler transmissions since 2004.

Chrysler's CEO Tom LaSorda stated that it was a good agreement that helps the company maximize their product line without investing in R+D or plants, giving access to the company to new market segments.

The two companies also announced that they are keeping "an open dialog" in order to "explore future opportunities for sharing products".

[Source: Nissan]

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