DaimlerChrysler has announced that it will sell the former Chrysler Sebring and Dodge Stratus assembly line to Russian carmaker GAZ.
Go deeper with GlobalData
The sale will be conducted through a US-based exporter, East Coast Trading Company (ECTC).
The equipment will be shipped from Chrysler’s Sterling Heights plant, which is currently benefiting from a $US278m investment program to install flexible manufacturing systems.
GAZ will have full vehicle production and sales rights in Russia and other CIS countries. It told Associated Press it will build up to 65,000 cars annually.
GAZ will also purchase 2.4 litre engines from Chrysler’s Saltillo, Mexico, plant for use in the Chrysler-based cars, as well as its Volga and Gazelle vehicles.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
