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CHINA
Chrysler-Chery partnership canceled
Chrysler LLC and China's biggest domestic automaker said Dec. 8 they have called off talks on cooperation due to the global financial crisis.
The proposed partnership with Chery Automobile Co., first announced in July 2007, was meant to produce a low-cost model in China to be sold under Chrysler's Dodge brand in the United States and Europe.
The Japan Times Weekly: Dec. 13, 2008 (C) All rights reserved
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