Chrysler Caravan rolls off assembly line in Chinese plant

Shanghai. November 7 (Gasgoo.com) Chrysler's first Caravan rolled off assembly line in Fujian-based Southeast Motor yesterday, Chinese state media Xinhua News Agency reported today.

Mr.Philip Murtaugh, CEO of Chrysler Asia, referred the production of Dodge Cavaran in China as a "landmark" of Chrysler's global expansion. Last year, the popular Chrysler sold 1.3 million units of Dodge Cavaran world wide.

Cavaran is the first Dodge vehicle produced by the joint venture of Chrysler and Southeast Motors.

Located in Fuzhou city of Fujian province, Southeast Motor was founded by Fujian Automotive Industry Group and the Taiwan-based China Motor Corporation in November 1995. In April 2006, Japanese automaker Mitsubishi joined the partership. Currently Fujian Automotive Industry Group holds 50 percent of stakes, China Motor Corporation 25 percent and Mitsubishi 25 percent.

In September this year, Grand Voyager produced by Southeast Motor and Chrysler went on sales in Chinese market.