Chrysler Chery Cars: For Emerging Markets Only
March 20, 2008

Chrysler CEO Bob Nardelli mentioned in his keynote address during press days at the New York auto show the automaker's work with China's Chery Automobile was proceeding. But he gave no details or timetable.

The Financial Times, however, reports in Thursday's edition that Chery's work on a small car for Chrysler is taking longer than expected to meet North American and Western European quality standards, with the result that vehicles from the partnership will be sold only in emerging markets.

When Chrysler signed the deal with Chery in late 2006, it had said Chery's small cars would be on sale in North America in early 2008.

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