Nissan announced today that it has reached a mutual agreement with Chrysler to end three OEM vehicle-supply projects. The projects were announced last year and over the past months specialists from both companies agreed they are not viable anymore.
The three projects include:
Nissan providing to Chrysler a compact sedan for the South American market beginning this year.
Nissan providing to Chrysler a small vehicle for global markets beginning in 2010.
Chrysler providing to Nissan a full-size pickup truck starting in 2011.
A separate agreement involving the supply of transmissions from Nissan affiliate JATCO to Chrysler remains unchanged.
