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Chrysler Group Unveils China Strategy
10-25-2006
Resource:mcadcafe.com
In Fuzhou, with CMC and FJMG, licensed Chrysler minivan production at SEM, and production of Mercedes-Benz MPVs at a new joint venture (DCVC); and in Taiwan, with CMC, licensed Chrysler minivan production, and creation of a new joint venture for sales and distribution of Chrysler Group products (Chrysler Group Sales Taiwan Ltd.).
 
 
In Fuzhou, with CMC and FJMG, licensed Chrysler minivan production at SEM, and production of Mercedes-Benz MPVs at a new joint venture (DCVC); and in Taiwan, with CMC, licensed Chrysler minivan production, and creation of a new joint venture for sales and distribution of Chrysler Group products (Chrysler Group Sales Taiwan Ltd.).

The Chrysler Group, which produces and markets Chrysler, Jeep(R) and Dodge brand vehicles, increased worldwide annual sales in August, marking its seventeenth consecutive month of year-over-year sales gains. The company is undergoing its most ambitious product offensive, launching 25 new vehicles in three years. Its product lineup includes: the award winning Chrysler 300C, industry-leading Chrysler Voyager minivans with Stow 'n Go(TM) seating, and the venerable Jeep Grand Cherokee, Jeep Commander and Jeep Wrangler, among others. In North America the Chrysler Group also sells Dodge branded vehicles, including the Dodge Charger, Dodge Ram Truck, and of course, the Dodge Viper, among others. Dodge vehicles will soon be available in Europe and additional international markets.

The Chrysler Group is a unit of DaimlerChrysler Group, one of the world's leading transportation services companies, which builds and markets passenger cars and commercial vehicles with the brands: Mercedes-Benz, Maybach, smart, Chrysler Jeep, Dodge, Freightliner, Setra, Sterling, Thomas Built and American LaFrance. DaimlerChrysler Financial Services is the third-largest automotive captive financial services provider in the world.