Joint Statement From Nissan and Chrysler
Nissan and Chrysler today announced a mutual agreement to end three OEM vehicle-supply projects announced last year.
For the past several months, teams from both companies have been studying the viability of the projects in light of significant changes in business conditions since the projects were announced in January and April of 2008.
Today, it was decided it was in the best interests of both companies to end the projects.
The projects had involved:
1. Nissan providing to Chrysler a compact sedan for the South American market beginning this year.
2. Nissan providing to Chrysler a small vehicle for global markets beginning in 2010.
3. 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. That agreement has been in effect since 2004.
Unfortunately Nissan has let the titan platform languish and now has to play catch up. However, the 2011 M56 already will have a 400HP Vk56DE, so they are ok in that department. Put in some rather more serious axles front and rear (ala GM 2500 series front end, and D60+ rear end, if they like dana). Better yet would be a in house 3rd member axle, as Nissan is very very good at building those. H260b would be fine I imagine.
I think Nissan can be competitive in this area once again.
Chrysler/Nissan Agreement Officially Terminated | Straightline Blog on Edmunds' Inside Line