China's Chery say deal with Chrysler not halted

Newswire

SHANGHAI, May 23 (Reuters) - China's Chery Automobile Co. said on Wednesday an earlier framework deal with DaimlerChrysler AG is still proceeding, denying a German paper report that the project had been halted. Chery, which reached an initial agreement last year with to build Chrysler-branded cars, wants to re-examine the deal, Handelsblatt said this week, citing a senior Chery executive. The decision, the paper said, came after DaimlerChrysler agreed last week to sell its money-losing ...

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