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December 3, 2007

Chrysler, VW Getting Closer?

The ink is hardly dry on the Chrysler-Daimler divorce papers, but already, another German carmaker could be waiting in the wings for the American carmaker, according to thecarconnection.com
David Cole, chairman of the Center For Automotive Research, said competition is forcing automakers to consider options they might not have contemplated only 12 months ago.

"There is going to be another round of mergers in the auto industry and the one company that matches up well with Volkswagen is Chrysler," he noted.

Volkswagen already has a joint project with Chrysler to develop a new minivan, which will be assembled by Chrysler in the next couple of years and will be sold in the U.S.

Posted by Peter C. T. Elsworth  at 10:55 AM to Chrysler , VW | Permalink

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