INDIAN MANUFACTURER CONFIRMS CHRYSLER OUTSOURCING TALKS
October 1st, 2008
BY RAGHAVENDRA VERMA
AN INDIAN contract auto manufacturing firm has confirmed to just-auto that it is in negotiations with Chrysler about an outsourced manufacturing deal, and says it is busy retooling its plant to assemble larger vehicles.
Head of corporate communications for Argentum Motors Colonel Bhagwati Prasad Suman said talks were ongoing and that his firm was still in competition with other auto makers to seal the deal.
Argentum bought the old Daewoo Motors factory at Greater Noida, just outside Delhi, in November 2007 and currently employs 280 workers ...
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