Nissan to hook up Chrysler with small cars

Carlos Ghosn, Nissan/ Renault's CEO, has been looking for a U.S. automaker to partner up with for some time and he may have finally found a suitable suitor. Reuters is reporting that a negotiations between Chrysler and Nissan to supply the Cerberus-owned automaker with a small car that would displace around 1.8-liters are being finalized. The move is an obvious attempt to provide Chrysler with a sub-compact competitor while simultaneously lowering the development and production costs of both automakers. What kind of vehicle will be created by the alliance is open to speculation, but a Dodge- or Chrysler-badged Versa seems like an obvious choice considering its platform and powertrain.

[Source: Reuters]