Chrysler open to buying models from other automakers

Chrysler’s CEO Bob Nardelli said that the company is open to buying models from other automakers similar to its deal with Nissan. Nissan and Chrysler announced a deal last month in which both automakers will share vehicles. Chrysler will get a Nissan small car to sell in North America while Nissan’s next-generation Titan will be built by Chrysler.

While Nardelli did not name any automakers that Chrysler is considering, he said that any future decisions depend on the market demand.

“We will not suffer from the not-invented-here syndrome,” Nardelli said. “If we can have similar arrangements … and it makes financial sense and supports our dealer network relative to what customers are telling them they want, we’re going to go do it.”

Chrysler has made many changes to keep it strong during the U.S. economic downturn. The company has cut 12,000 jobs, killed four models, announced plant closings and cut back on unprofitable fleet sales.

Chrysler’s first hybrid models arrive later this year with versions of the Chrysler Aspen and Dodge Durango.

Source: Detroit Free Press