AUBURN HILLS, MI – Chrysler Group’s restructuring plan will shift the auto maker’s model mix by 15% to a 60:40 truck-car split, which better reflects consumer preferences, executives say. In 2006, a 75:25 ratio and hostile market conditions contributed to a full-year loss of $1.4 billion, the auto maker acknowledges while releasing details of its long-awaited “Recovery and Transformation Plan.” The action calls for 13,000 job cuts – 11,000 hourly, 2,000 salaried – and a capacity decrease ...
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