Chrysler officially done building engines with Hyundai, Mitsubishi
09-11-2009, 07:36 AM
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Chrysler officially done building engines with Hyundai, Mitsubishi
Filed under: Plants/Manufacturing, Chrysler, Hyundai, Mitsubishi
In a terse statement issued last night, Chrysler made official what had been expected for at least a couple of weeks: The Global Engine Manufacturing Alliance is no more. Chrysler Group LLC has bought out its former partners Hyundai and Mitsubishi, and the Dundee, MI engine plant that builds Chrysler's four-cylinder engines for a variety of vehicles is now wholly owned by the company.
No buyout price was announced and the status of the engine designs was not mentioned. Presumably, the Japanese and Korean automakers which also build versions of the same engines will be allowed to continue doing so for the foreseeable future at their own manufacturing facilities. Mitsubishi uses a version of this engine in the latest versions of its Lancer, including the EVO. The Dundee plant began production in 2005.
[Source: Chrysler]Continue reading Chrysler officially done building engines with Hyundai, Mitsubishi
Chrysler officially done building engines with Hyundai, Mitsubishi originally appeared on Autoblog on Fri, 11 Sep 2009 09:01:00 EST. Please see our terms for use of feeds.
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In a terse statement issued last night, Chrysler made official what had been expected for at least a couple of weeks: The Global Engine Manufacturing Alliance is no more. Chrysler Group LLC has bought out its former partners Hyundai and Mitsubishi, and the Dundee, MI engine plant that builds Chrysler's four-cylinder engines for a variety of vehicles is now wholly owned by the company.
No buyout price was announced and the status of the engine designs was not mentioned. Presumably, the Japanese and Korean automakers which also build versions of the same engines will be allowed to continue doing so for the foreseeable future at their own manufacturing facilities. Mitsubishi uses a version of this engine in the latest versions of its Lancer, including the EVO. The Dundee plant began production in 2005.
[Source: Chrysler]Continue reading Chrysler officially done building engines with Hyundai, Mitsubishi
Chrysler officially done building engines with Hyundai, Mitsubishi originally appeared on Autoblog on Fri, 11 Sep 2009 09:01:00 EST. Please see our terms for use of feeds.
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09-11-2009, 03:21 PM
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^sure will indeed.
good for them, right? i wonder where the cash came from.
does this mean they will stop supplying engines to us? because if i were to get a new hyundai from the lot, i'd only buy it if it were assembled in Korea.
good for them, right? i wonder where the cash came from.
does this mean they will stop supplying engines to us? because if i were to get a new hyundai from the lot, i'd only buy it if it were assembled in Korea.
09-11-2009, 03:46 PM
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I think unless I'm mistaken all of Hyundai's Theta engines are assembled in Hyundai engine plants either here or in Korea.