Manufacturing efficiency is at the top of Tom LaSorda’s to-do list as Chrysler Group’s CEO seeks ways to offset an anticipated third-quarter loss of €500 million ($635 million). LaSorda says Chrysler will cut production by 65,000 to 75,000 units as the auto maker endeavors to reduce bloated inventories of trucks and SUVs that have crippled dealers in the wake of rising interest rates and volatile gasoline prices. The cut is at least 38% deeper than originally planned. Chrysler had ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.