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Hyundai CEO John Krafcik has confirmed that the Korean automaker will supply Chrysler with transmissions for its new Dodge Dart, according to Car and Driver. While the two automakers may seem like odd dance partners, the tie-up makes plenty of sense. Both companies use engines born out of the now-defunct Global Engine Manufacturing Alliance with Mitsubishi. As a result, 2.0- and 2.4-liter four-cylinder engines found in the Dart share more than a few strands of DNA with the same displacement engi

Fiat currently owns 20 percent of Chrysler and can raise its stake to 35 percent once it satisfies three criteria: builds a plant in the U.S. to assemble fuel efficient engines; builds a 40 mpg car in the U.S. and expands Chrysler's international reach. For each milestone achieved, Fiat gets another five percent of Chrysler. The first hurdle looks like it will be cleared next year, with Fiat committing to building the 500's 1.4-liter, 92-horsepower engine in Dundee, Michigan at what was once the

As Chrysler moves forward with its post bankruptcy product plans, it's looking increasingly like consolidation with new partner Fiat is the order of the day. Following the cancellation of the platform sharing deal with Nissan, it appears as if the company's interest in the Global Engine Manufacturing Alliance could be the next victim. The agreement in question was formed early this decade between what was then DaimlerChrysler, Hyundai and Mitsubishi to produce common four-cylinder engines for th

The Global Engine Manufacturing Alliance factory in Dundee, Michigan has received a Clean Corporate Citizen award from the state's Department of Environmental Quality. The plant, which is a joint venture between Chrysler, Mitsubishi and Hyundai, produces four cylinder engines used by all three automakers. The award recognizes the building techniques used in originally setting up the factory before it started operations in 2005 as well as the ongoing efforts to reduce energy consumption, keep the

Hyundai, now a world-class engine manufacturer, may lend engine technology to Mercedes-Benz for a future four-cylinder powerplant. It was just a few short years ago that DaimlerChrysler, Mitsubishi, and Hyundai banded together in the Global Engine Manufacturing Alliance (GEMA) to build the so-called World Engine (pictured at right). The GEMA engine, with displacements ranging from 1.8-liters up to 2.4-liters, is found under the hood of more than a handful of Chrysler, Dodge, Jeep, Mitsubishi, an