Following the announcement this past January that Nissan would be supplying Chrysler with a new car based of the Versa's platform, the two automakers announced today that more exchange is on the horizon, including a new small car for Chrysler and a Dodge-based pickup for Nissan.

The unnamed small car will be built by Nissan in Japan utilizing a Chrysler design and will be sold in North America, Europe and other markets in 2010. On the other side of the spectrum, Chrysler will build a full-size pick-up for Nissan that will share design cues with the rest of the Nissan line and be built at Chrysler's Saltillo Assembly Plant in Mexico. Sales of the pick-up will begin in North America in 2011.

The move is part of an effort by both automakers to utilize each other's global manufacturing facilities and finally gets Carlos Ghosn, Nissan's CEO, the American automaker partnership he's been looking for since last year.