Autos: Chrysler's Spanish Accent

Under its aggressive young president, Lynn Townsend, 44, resurgent Chrysler Corp. is not only trying to catch up with Ford and General Motors in the U.S. but also to match their overseas holdings. Chrysler has 16 plants overseas, and earlier this year acquired control of Simca, France's fourth largest automaker. Last week Townsend outmaneuvered both Ford and General Motors to become the first U.S. automaker to win a foothold in Spain.

Both G.M. and Ford have been negotiating with the Spanish government, but failed to reach an agreement because of a new government...

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