Car firms in possible joint venture

US automobile manufacturers Chrysler and Japan-based car maker Nissan are in talks over plans to jointly produce a range of midsize cars, reports claim.

According to The Wall Street Journal, Chrysler is discussing an agreement with Nissan under which the Japanese automaker would produce midsize sedans for Chrysler to sell in the US under its own brand.

A Nissan spokesman said the two companies had announced partnerships earlier this year, but declined to comment further.

"We said then, and we're saying now, that we're continuing to explore opportunities to work with Chrysler, but we don't have anything to announce right now," the spokesman said.

Earlier this year, the automakers announced two tie-ups in a growing partnership between them. In January, they announced a deal in which Nissan would build small cars for Chrysler to sell in South America. The car will go on sale in 2009 and be based on Nissan's Versa small car, Standish said.

In April, the automakers said Nissan will make a new small car designed by Chrysler, while Chrysler will make a full-size pickup truck designed by Nissan.

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