The Chrysler group is negotiating with potential partners about expanding its presence in the fast-growing Russian market, reports Automotive New Europe (ANE).
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The company is discussing partnerships and production in Russia, said Michael Manley, executive vice president for international sales, marketing and business development. “If you look at our global presence, you can see many areas where we see great opportunities, Russia being a very key one for us”, told Manley ANE. Global expansion figures strongly in Chrysler’s recovery strategy as it exits its nine-year DaimlerChrysler alliance.
Manley will work with manufacturing divisions to determine production plans to support sales growth. Chrysler projects its international sales will nearly double by 2012. In 2006, the automaker sold 4,021 vehicles in Russia – where it has no local production – more than doubling its 2005 mark. Sales rose another 93 percent the first four months of 2007, Chrysler said. Besides Chrysler, Volkswagen, General Motors, Nissan and Ford have announced plans to build or expand in Russia. Mitsubishi, Hyundai and PSA/Peugeot-Citroen are also exploring Russian production options.
