Win a Samsung 22-inch LCD monitor from Joystiq!

Chrysler looking to sell two axle plants, get leaner and meaner

Chrysler is looking to offload two of its axle plants in an effort to limit its in-house parts production. The automaker has already offered to sell both plants to American Axle & Manufacturing and Dana Corp. for $400 million, according to sources cited by the Wall Street Journal. Unfortunately for Chrysler, however, there hasn't been much interest in the offer. The move could also include the closure of Detroit Axle and the purchase of Chrysler's unfinished plant in Marysville. All of this is further proof that the Cerberus-owned automaker is making a serious attempt to pair down its production facilities and lessen its overhead.

[Source: Wall Street Journal, Photo by Bill Pugliano/Getty]

Related Headlines

Subscribe to these comments

Reader Comments (Page 1 of 2)


Autoblog Features





Featured Galleries

Aston Martin One-77 Teaser
2009 Toyota RAV4
2009 Honda Ridgeline
Superformance Shelby Cobra Daytona Coupe
Lotus Safe and Sound Hybrid
Azera-based Kia luxury sedan - spy shots
Spy Shots: Honda/Acura sport crossover
X Games 14 (2008) - Rally
Spy Shots: Pre-Production Pontiac G8 GXP
Volkswagen Golf VI
In the Autoblog Garage: 2008 Mercedes-Benz S63 AMG
Toyota Winglets

 

Find Your Next Car


Sponsored Links

Autoblog bloggers (30 days)

#BloggerPostsCmts
1Damon Lavrinc1047
2Jeremy Korzeniewski9214
3Noah Joseph800
4Chris Shunk750
5Dan Roth5113
6Jonathon Ramsey430
7Alex Nunez4123
8Drew Phillips383
9John Neff365
10Michael Harley295
11Sam Abuelsamid267
12Merritt Johnson93
13Frank Filipponio84
14Chris Tutor60
15John McElroy40
16Sebastian Blanco10
17Justin Gardiner10