UK: Chrysler rethinking BMW engine JV - FT
Chrysler is said to be reviewing the future of its South American engine joint venture with BMW as part of its restructuring, according to the Financial Times. Citing president Dieter Zetsche, the FT said that Chrysler now requires fewer engines than anticipated from the Tritec factory, the joint venture with the German auto-manufacturer, in Brazil. The venture is due to supply engines for both BMW's new Mini and Chrysler`s Neon compact.
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