Chrysler LLC's source of dual-clutch transmissions in the United States is jeopardized by a factory-building dispute with supplier Getrag Transmission Manufacturing LLC.
Chrysler yesterday sued Getrag in Michigan, alleging that the German supplier failed to raise up to $300 million in debt financing necessary to build and equip a plant in Tipton, Ind., to produce the transmissions.
The plant was expected to open in the fall of 2009.
Getrag was expected to be Chrysler's sole source of dual-clutch transmissions in the United States. The dispute now casts the project in question, said Chrysler spokesman David Elshoff. ... | |
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