Splitsville for Chrysler, Chery


The glob­al eco­nom­ic down­turn has scut­tled the part­ner­ship between Chrysler and China’s Chery Auto­mo­bile. The two automak­ers were joint­ly devel­op­ing a small car for Dodge. Chrysler and Chery have agreed to end the rela­tion­ship. Sales in the U.S. and Chi­na have suf­fered recent­ly. Chrysler has a weak inter­na­tion­al pres­ence and will be affect­ed more than the up and com­ing Chery. The move may be anoth­er indi­ca­tion of Cer­berus’ inten­tion to sell Chrysler.