• Jan 15th 2009 at 1:31PM
  • 92
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]

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    • 1 Second Ago
      • 6 Years Ago
      Thats the problem when manufacturers design based on nostalgia. Its worse when they neglect the interior (hard plastics) and don't update the exterior. Chrysler is the worst for letting a design get long in the tooth. (300C anyone??).

        • 6 Years Ago
        The 300C isn't long in the tooth an it's replacement is coming on schedule. Try again. You think Chrysler is the only one to let product rot on the market? Cavalier, Cobalt, Panthers, W-Bodies, Ranger, S2000, NSX, 9-5, the list goes on.
      • 6 Years Ago
      The "Dream Series 5" huh? I know it's what I dream about. There were 4 other Dream Series editions? I must admit, it is super dreamy.
      • 6 Years Ago
      I love my PT. I've had no trouble with it. It drives great, gets good mileage and people in general like it.
      Sorry to see it go.
      • 6 Years Ago
      If Chrysler wants to revamp their sales they need to bring back the Cordoba. There's nothing like the feel of rich Corinthian leather caressing you as your
      car slowly rusts to death.
      • 6 Years Ago
      At least the PT cruiser is American made!
      • 6 Years Ago
      piece of poop good riddens
      • 6 Years Ago
      I never really did like the styling of the PTC but i still think Chrysler could have done a lot more with it. I know the PT had loyal followers but oh well. I wouldn't call this a Chrysler mistake but a Diamler mistake.
      I just can't wait for the new Chrysler to show its complete face with the new ram & 200c, it's promising if they have enough money to survive.
      • 6 Years Ago
      Gee, when Chrysler goes under, where will I get the parts for my 1971 Duster?
      • 6 Years Ago
      Chrysler, please die already.
      • 6 Years Ago
      The PT Cruiser was the modern version of the Plymouth Reliant, IMO. I think it appealed to many older drivers, who didn't mind its shortcomings compared to newer cars and didn't care all that much about high performance as long as it got them to the grocery store and back again.

      I still see a Reliant occasionally now and then, and I expect there will still be a few PT Cruisers floating around 10-15 years from now...

      • 6 Years Ago
      I suck I ment say Bought one the Trucks But I hope you get the point . I suck at these blogging stuff .
      • 6 Years Ago
      in my 50 years i have owned just about every make and model.bought a neon new in 96.still drive it every day with 117,000 miles.best car i have ever owned with never a problem.none of the more expensive cars have ever come close.i also own an 07 ptc.so far so good.from what i hear mine is an isolated case, but i would not hesitate to recommend either car.in fact i just bought an 04 neon sxt for my daughter.excellant car at an excellant price. fuel mileage is not good with the p.t. but then i get 37 mpg with the neon.
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