DETROIT -- The Chrysler group chose a site south of Detroit for a plant to build four-cylinder engines in a venture with Mitsubishi Motors Corp. and Hyundai Motor Co.
The plant in Dundee, Mich., will have about 400 employees and produce about 600,000 engines a year when it comes on line in 2005. It is part of a previously announced joint venture between the three companies dubbed the Global Engine Alliance.
The same engine design will go into production in Japan and South Korea next year and will have combined annual output, together with the U.S. plant, of about 1.5 million engines, Chrysler CEO Dieter Zetsche said.
Hyundai and Mitsubishi would each take 30 percent of the output from the Michigan plant for vehicles they sell in North America, Zetsche said.