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FRANKFURT, Germany (AP) - DaimlerChrysler AG, seeking to cut costs and boost sales in North America, said Tuesday it will start selling Chinese-made cars in that market and western Europe as it tries to meet demand for smaller, more economical vehicles.
The world's fifth-largest automaker said its supervisory board approved the framework of a limited partnership that will see China's Chery Motor Co. build the cars in China.
They will be sold in North America and western Europe under the aegis of its Chrysler Group brands, which include Dodge and Jeep. Financial details were not released.
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