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Chrysler announces new job & manufacturing cuts; Cancels PT Convertible, Magnum, Pacifica, and Crossfire


Chrysler has killed the PT Convertible, Pacifica, Crossfire, and Dodge Magnum

If you were wondering how quickly Chrysler would be able to move as a privately-held entity in its efforts to turn the business around, wonder no more. It can move quickly. Today, the automaker officially announced a number of cuts to both its workforce and product lineup into 2008 that are intended to help get Chrysler back in the black.

Here's the rundown:
  • Elimination of shifts at Belvidere, IL; Jefferson North (Detroit, MI) ; Toledo, OH; Brampton, Ontario; and Mack Avenue II (Detroit). The Detroit News reports these actions effectively eliminates approx. 4,000 hourly positions. Chrysler states that the new shift reductions, when combined with "other volume-related actions," will result in the elimination of a total 8,000 to 10,000 hourly positions.
  • 1,000 salaried positions will be eliminated
  • 37% of contractor positions will be eliminated (The Detroit News attaches a number of 1,100 to this)
  • Four models will be dropped from the lineup: Chrysler PT Cruiser Convertible (the regular PT lives on) , Dodge Magnum, Chrysler Pacifica, and Chrysler Crossfire
All the above changes come in addition to already-announced job actions, and Chrysler also made a point to state that the four outgoing cars will be replaced in the lineup during the same timeframe by the Dodge Challenger, Dodge Journey, and Aspen/Durango Hybrids. We'll be honest: we'd pretty much forgotten about the Crossfire, which makes it the least surprising of all the product euthanizations.

Some of the wish-list vehicles that readers hoped would also see the axe, such as the Jeep Compass and Jeep Commander, live on. Chrysler's press release and a confirmed copy of the email sent to employees this morning by CEO Bob Nardelli are included after the jump. You can also click the "Read" link below to check out the Detroit News coverage.

[Sources: The Detroit News, Chrysler]

Continue reading Chrysler announces new job & manufacturing cuts; Cancels PT Convertible, Magnum, Pacifica, and Crossfire


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