Is This The Connection with will.i.am And Chrysler?

Is this what will.i.am meant when he appeared on The Tonight Show with Jay Leno earlier this year, announcing he was getting into the car business? We all thought he was going to be literally designing a new-vehicle. Click here to see will.i.am's interview with Leno.

Now we think we know why the folks from Chrysler never confirmed that the singer was partnering with the automaker to build cars. Based upon will.i.am's recent ad promoting the Chrysler 300S, is this the partnership he was alluding to?