ArvinMeritor and Chery Form Chassis Systems Joint Venture

24 July 2007

ArvinMeritor and Chery have entered into a joint venture partnership to design and manufacture chassis systems and components.

The new joint venture, ArvinMeritor Chassis Systems Wuhu Co., will evolve to a $150-million full-systems chassis supplier by 2010. Production of shocks and struts will begin as early as 2008.

The JV follows several other new Chery contracts with ArvinMeritor for its door systems technologies.

Earlier this month, the Chrysler Group and Chery Automobile finalized their cooperative agreement which will result in the first imports of Chinese-manufactured cars into the US under the aegis of a major automaker. (Earlier post.)