Chrysler Corporation and Mitsubishi Motors Manufacturing of America(MMMA) announced on January 21(U.S.time) the signing of a five-year vehicle distribution agreement through the 2005 model year.

The contract, an extension to the current arrangement, calls for vehicles to be jointly designed by Chrysler and Mitsubishi Motors Corporation(MMC), engineered by MMC, and produced by MMMA at its manufacturing plant in Normal, Illinois. Currently, MMMA produces two speciality coupes for Chrysler, the Dodge Avenger and Chrysler Sebring Coupe.

Today, MMMA produces about 65,000 vehicles for Chrysler per year.
Total production will depend on sales demand.

Contact:Mitsubishi Motors Corporation International PR
Tel:(03)5232-7165 Fax:(03)5232-7747