Chery wants to reexamine Chrysler small car deal

chery_qqr_small.jpgChery wants to re-examine it’s deal with Chrysler to develop Chrysler-branded small cars for numerous markets, said Zhang Li, Chery Automobile Co Ltd’s general manager. The project has been halted for the moment and awaits renegotiation of the agreement.

This is because Chrysler has recently changed hands, now belonging to private equity firm Cerberus Capital Management LP thanks to last week’s US$7.45 billion deal. Chrysler spokesperson Mary Gauthier said Chrysler’s global growth plans remains the same, and the new owners Cerberus has not changed any of those goals.

I suppose Chery just wants to play it safe and make sure Cerberus is fully aware of all details of the plan.

Related Posts:
Chrysler goes to Cerberus for US7.45 billion
Chrysler and Chery sign small car letter of intent

Looking to sell your car? Sell it with Carro.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • transformer (Member) on May 23, 2007 at 4:13 am

    IMHO, Chery means a lot more to Chrysler as they(Cherry) would be thier(Chrysler) platform for getting low cost

    This might be also a plus point for Cerberus considering before the acquisition!

    Like or Dislike: Thumb up 0 Thumb down 0
  • J (Member) on May 23, 2007 at 5:43 am

    Viva looks nicer la..

    Like or Dislike: Thumb up 0 Thumb down 0
  • Aril (Member) on May 23, 2007 at 6:37 am

    not like this car

    Like or Dislike: Thumb up 0 Thumb down 0
  • NiceCar (Member) on May 23, 2007 at 3:25 pm

    agree with transformer.. it just play safe..

    Hi J, did u compare Viva to the car in the picture above (QQR)?

    the small car mentioned not refer to QQR lah.. but maybe refer to Dodge small car like Hornet.. and the Hornet definitely better than Viva..

    just my 2cents..

    Like or Dislike: Thumb up 0 Thumb down 0
  • normaluser (Member) on May 23, 2007 at 4:14 pm

    Chrysler story is like that of Mitsubishi. Mitsu is struggling after dumped by DaimlerChrysler (at that time), but somehow looks promising in delivering great products (lancer evo, i-compact) worldwide. Like Mitsu, Chrysler is still sharing some platform & tech from Daimler. The different thing about Chrysler is that the brand is only popular in their home country and they cant make it global with the weak branding. That's why China is important for them.

    Like or Dislike: Thumb up 0 Thumb down 0
  • kington (Member) on May 23, 2007 at 4:17 pm

    The Viva feels slightly better and is certainly a better drive than the Cherry. In the Viva, you'll find some Toyota-sourced pasts like the stalks and etc. Only the cheapish radio sort of pulled it down. Other than that Perodua's mini cars still rocks. I'm enjoying my Kelisa very much especially the way it charges into corners.

    Like or Dislike: Thumb up 0 Thumb down 0
  • kody (Member) on May 23, 2007 at 4:20 pm

    wahlaueh…

    i saw the QQ in the shopping mall promotion, it's not bad. the outlook quite cute & suitable for female drivers.

    Like or Dislike: Thumb up 0 Thumb down 0
  • sxe10r (Member) on May 23, 2007 at 4:28 pm

    QQ like the frog cars … actually this china cars compare with proton which one nicer ?? but the Chery company have MPV , SUV , Sedan , Luxurly & K car like QQ … but anywhere another new choose for k car buyers …

    Like or Dislike: Thumb up 0 Thumb down 0
  • johnyong5933 (Member) on May 23, 2007 at 9:42 pm

    log like frog…

    paint it green and than become crazy frog. aha

    Like or Dislike: Thumb up 0 Thumb down 0
  • kei9 (Member) on May 23, 2007 at 10:23 pm

    once read a review from nst's cbt…..they say dat this QQ is lower in quality than our p1 n p2…not only dat, its damn expensive! RM45000. BTW in a month it only sold about 300 cars……..

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required