Sat, 31 May 1997

Chrysler and BMW fire up engine plant

DETROIT: The Chrysler Corp and BMW AG are building their new $US500 million joint-venture engine plant in Sao Paulo, Brazil.

The newly designed 1.4-liter and 1.6-liter engines will power future small cars from Chrysler and the Rover group.

The plant will be able to produce 400,000 engines a year and will employ 1,200 people.