 During 2001 and 2002 DaimlerChrysler and Mitsubishi began to co-operate more closely on longer-term ventures.A €244 million plant would be built at Kölleda in Germany to manufacture engines for the new Z-car platform, while in concert with Hyundai they established the Global Engine Manufacturing Alliance, a joint venture with an annual capacity of two million powerplants in five factories across the globe.There was also extensive platform sharing, cross-supply agreements, and manufacturing subcontracts.