The possibility of Chrysler selling the Chery in the U. S. has been booted about in the news since 2007. Nothing new here.
Forbes reports that the deal is now dead. Both Chery and Chrysler are in dire straits. Chrysler and Chery cannot afford to engineer the car for the American market or to set up financing for marketing, quality control, dealerships, polution controls, etc.

Chery has a loan from a Chinese bank and will concentrate on building its home market. At one time, it considered buying a stake in Daimler-Chrysler but can't afford to.
See Forbes report, "Chrysler Squashes Chery Deal," Tim Wang, 12.09.08.

www.forbes.com/2008/12/09/chrysler-chery-ford-markets-equity-cx_twdd_1209markets4.html