In a radical turnaround of sorts, the “All-American Jeep” might wear a “Made In India” tag if Chrysler LLC gets its way and finishes a deal with Indian contract auto manufacturing firm, Argentum Motors.  Jeep is a brand which manufactures open-top off roading vehicle and SUVs and in the U.S.

Prasad Suman, head of corporate communications for Argentum Motors, has confirmed that the plant is preparing to assemble vehicles of larger sizes and that Argentum Motors is currently in negotiations with the Chrysler Group about an outsourced manufacturing deal.

“Right now the work is going on to augment the assembly lines which were made to manufacture small cars,” said Suman. “Soon they would be big enough to handle an SUV. Any foreign car company would save at least 15% in the production cost if we manufacture their vehicles. Early birds would have the best deal as we are ready to work on a cost-to-cost basis,” he added.

Chrysler has yet to issue a statement on the matter.

IAB Comment-The main aim that we feel is to cut costs as demand for such SUV’s slumped in USA. This is a good move as outsourcing will not only make for cheaper vehicles but also contribute towards making India a hub for exporting cars (small cars, but this also helps). Its official that India is multinational now!

Source : Car Scoop


Entry posted on October 14, 2008 By ; Read More on Chrysler, Joint Ventures

Related Articles
  • Ailing American car major Chrysler is hoping to ride into the Indian market using its Fiat deal, which it says would offer opportunities to establish the Chrysler range, particularly the Jeep ...

  • The facelifted Tavera could come from Argentum's production line Contract manufacturing firm Argentum Motors is back in the news. DNA reports Argentum could manufacture the Chevrolet Tavera and ...

  • The JV between Tata and Fiat is progressing smoothly. Fiat cars have been sold through Tata dealerships for the past 1 year. Fiat will also supply Tata with its state of the art Diesel and ...

  • Today, during the unveiling on CNBC by Chrysler CEO Bob Nardelli, the Dodge Ev was launched along with  three other Chrysler group products which have also gone electric.We knew that once GM bro ...

  • Proton Holdings Berhad appointed Mr Behara Venkata Rama Subbu, also known as BVR Subbu in short as director. 56 year old BVR Subbu served as president in Hyundai's Indian operations for nine years ...

If you enjoyed this article, subscribe to get such great content.

Subscribe via RSS Feed
FAQ

One Response so far.

  1. [...] American car major Chrysler is hoping to ride into the Indian market using its Fiat deal, which it says would offer [...]

Leave a comment