While Chrysler ’s North American operations continue to struggle, the Michigan-based automaker is actually doing quite well in other parts of the world. In an effort to continue that momentum, Chrysler has announced that it has inked a memorandum of understanding with China’s Great Wall Motor to further explore the benefits of a long-term, strategic relationship.
Both companies will use the memorandum to evaluate each other’s distribution networks, as well as component and technology capabilities, according to Automotive News.
“The memorandum of understanding represents part of Chrysler ’s ongoing efforts to explore opportunities to expand its involvement in the development of China’s auto industry,” Daphne Zheng, Chrysler Asia’s director of marketing and communications, told AN.
No other details about the memorandum – including a time frame for action – were given by either company.
