But with theSteyr Fahrzeugtechnik AG & Co. KG plant in Graz, Austria, ramping up production of the rear-drive family, there are no immediate plans to look for additional capacity, Frank Ewasyshyn, executive vice president-manufacturing, says at the Management Briefing Seminars here.
DaimlerChrysler AG and (See related story: Magna Steyr Launches Chrysler 300C)invested $38.6 million to launch the 300C sedan and Touring models in June.
Chrysler 300 Touring is sold in Europe.
“We're happy with where we are,” Ewasyshyn tells Ward's. Full order books are desirable, but the auto maker also is pleased that, for now, there does not seem to be a need to invest in additional capacity.
The manufacturing chief laughs as he admits he would rather see the investment go toward new product.