Great Wall and Chrysler Suspend the Cooperation China
March 13,2009
The cooperation in China between Great Wall Automobile and Chrysler planed form July last year was stop recently. Wang Fengying, the Chairman of Great Wall disclosed that the co-operation projects have been terminated in an interview.
In July last year, Chrysler (China) have been disclosed, the company has signed a memorandum with the Great Wall Motors to seek extensive cooperation. After the relevant, Chrysler had sent technical staff to enter the Great Wall Motors, it is learned that the field of cooperation between the two parties involved in distribution, components and technology.
Yesterday, Wang Fengying told reporters that the recent situation of the international auto industry was in ferment. The situation of the two parties has also changed a lot. Both sides are difficult to make a substantive decision-making.
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