DaimlerChrysler to Import Chinese-Built Chryslers to North America?

Currently, DaimlerChrysler is targeting a $1.9 billion (1.6 billion USD; 1.2 billion euro) investment in China over the next

DaimlerChrysler is targeting a $1.9 billion (1.6 billion USD; 1.2 billion euro) investment in China over the next five years, to strengthen its vehicle manufacturing operations. (Photo: DaimlerChrysler Canada)

five years, to strengthen its vehicle manufacturing operations. If the automaker plans to go ahead with the Chrysler export venture, it would need to increase its planned investment amount.

More investment in the Chrysler Group side of DaimlerChrysler's Chinese business makes sense, however, as the automaker's premium Mercedes-Benz brand only saw sales increases of 3 percent in Q1 of 2005, while Chrysler sales improved by 46 percent in the first quarter.

Its Chinese venture partners include Beijing Automotive Industry Holding Co., Fujian Motor Industry Group and China Motor Corp. It is also in the process of establishing a new joint venture with Beiqi Foton to make trucks, engines and parts for the Chinese market.