DETROIT (AP) Nissan Motor Co. said Monday it will make a new small car designed by Chrysler LLC, and Chrysler will make a full-size pickup truck designed by Nissan.
The agreement is part of a growing relationship between Chrysler and the No. 3 Japanese automaker as they attempt to adapt to markets buffeted by the economic slowdown and rising gas prices.
Both products will be sold in North America, and the new Chrysler small car will also be sold in Europe and other global markets starting in 2010. No financial details were disclosed.
The new Chrysler small car will be made at Nissan's Oppama plant in Japan. Chrysler will make the pickup truck at its plant in Saltillo, Mexico, and it will go on sale in 2011, the companies said.
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