8/14/2008

Nissan To Supply Chrysler With Small Cars

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Chrysler said Nissan will supply it with two small cars, a version of the Versa to be sold in South America, and another small car that would be sold in North America.

In turn, Chrysler, which is also building a minivan for Volkswagen, will supply Nissan with a small pickup, the newspaper reported.

"In the next five to 10 years, I see more consolidation in every region of the world … especially among suppliers," said Tom LaSorda, Chrysler's vice chairman and president.

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