Click above for a high-res gallery of the Chrysler PT Cruiser Dream Series 5

Ye old Chrysler PT Cruiser is going the way of the dodo this summer, and according to Chrysler LLC President Tom LaSorda, the automaker is actively pursuing a sale of the equipment used to build the PT in Toluca, Mexico.

Speaking with Bloomberg, LaSorda was kind enough to both ask and answer his own questions, saying, "Would we sell those assets? Yes. Do we have any offers to sell those assets? No. Would we be pursuing a buyer? Yes." That makes for an easy interview...

Sales of the PT dropped by 49% last year, with only 50,910 vehicles leaving dealer lots. That's down from the PT's peak when Chrysler was able to offload 144,717 models in 2001. The PT's demise doesn't come as a surprise, particularly considering that Chrysler's owner, Cerberus Capital Management, has slashed six other models from the automaker's lineup since it took control in August 2007. For those of you keeping count, the PT's timely death means that the Chrysler badge is only affixed to three models: the Town & Country minivan, Sebring and 300C.

[Source: Bloomberg]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Share This Photo X