Hard sell this one: Chrysler attempting to make deals with 14 companies at least, including Toyota

Posted on Monday, 4 May 2009 , 13:05:29 byEmil

Filed under chryslerdealtoyotaChryslerToyota

Hard sell this one: Chrysler attempting to make deals with 14 companies at least, including Toyota

Chrysler inked finally a strategic deal on Thursday with Italy's Fiat, but recent firm documents from the Chapter 11 filing unveil the Auburn Hills carmaker has been looking around for a car partner for the past 2 years.

The Detroit News reports... Chrysler has been searching since 2007 a strategic partner, and tried even to sell off a few company parts. Chrysler had talks with some of the world's top carmaker, but really focused on Chinese makers during these past weeks.

'Chrysler has attempted in recent weeks to sell product lines and other units to a number of Chinese companies, but these efforts too have been unsuccessful' Tom LaSorda Chrysler Co-president and Vice Chairman stated on affidavit.

Chrysler tried to sell transmission, engines entire auto lines and
U.S. plants even to Beijing Automotive Industry Holding Co. in China, Tempo International Group, Chery Automotive Co. and but with no result.