Nissan and Chrysler end shared projects

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Nissan announced today that it has reached a mutual agreement with Chrysler to end three OEM vehicle-supply projects. The projects were announced last year and over the past months specialists from both companies agreed they are not viable anymore.

The three projects include:

Nissan providing to Chrysler a compact sedan for the South American market beginning this year.
Nissan providing to Chrysler a small vehicle for global markets beginning in 2010.
Chrysler providing to Nissan a full-size pickup truck starting in 2011.

A separate agreement involving the supply of transmissions from Nissan affiliate JATCO to Chrysler remains unchanged.