Chrysler may drop more models, look outside for small cars
Chrysler may drop more models, look outside for small cars
Chrysler may drop more models, look outside for small cars
Allpar.com
Chrysler CEO Bob Nardelli says rising gas prices might make the company dump some of its larger vehicles or make further cuts to capacity.
Speaking to reporters in Norfolk, Virginia, Nardelli said such changes are "not yet" in the works. He added, "The operative statement is 'not yet.' We'll continue to sense the market."
In his remarks, Nardelli said some customers were shifting from trucks and to sedans like the Sebring as gas prices break the $4 per gallon mark and noted Chrysler is moving quickly to bring advanced vehicles to market. He went on to say the company would consider sourcing smaller cars through partnerships with other carmakers if it was a better solution than developing a new vehicle, saying, "we won't suffer from the not-invented-here syndrome."
Nardelli indicated Chrysler had no plans to follow Ford with its own new production cuts or reductions in employee count, saying, "We thought we were being extremely aggressive in our conservative view of 2008. As it turns out we may have been spot-on."
Nardelli took the opportunity to stump for government incentives for domestically produced, environmentally friendly vehicles, like hybrids. Current federal tax breaks don’t give a preference to domestic brands.
He also reported on a meeting that Chrysler vice chairman and other auto industry executives had with California governor Arnold Schwarzenegger on May 8. Nardelli described the meeting as "pretty productive" and said ideas were presented for modifications to the new California emissions standards that would reduce their impact on the industry.
Chrysler’s top executive was in Norfolk to donate a vintage WW II jeep and present a $100,000 donation from the Chrysler Foundation to the General Douglas MacArthur Foundation.
Allpar.com
Chrysler CEO Bob Nardelli says rising gas prices might make the company dump some of its larger vehicles or make further cuts to capacity.
Speaking to reporters in Norfolk, Virginia, Nardelli said such changes are "not yet" in the works. He added, "The operative statement is 'not yet.' We'll continue to sense the market."
In his remarks, Nardelli said some customers were shifting from trucks and to sedans like the Sebring as gas prices break the $4 per gallon mark and noted Chrysler is moving quickly to bring advanced vehicles to market. He went on to say the company would consider sourcing smaller cars through partnerships with other carmakers if it was a better solution than developing a new vehicle, saying, "we won't suffer from the not-invented-here syndrome."
Nardelli indicated Chrysler had no plans to follow Ford with its own new production cuts or reductions in employee count, saying, "We thought we were being extremely aggressive in our conservative view of 2008. As it turns out we may have been spot-on."
Nardelli took the opportunity to stump for government incentives for domestically produced, environmentally friendly vehicles, like hybrids. Current federal tax breaks don’t give a preference to domestic brands.
He also reported on a meeting that Chrysler vice chairman and other auto industry executives had with California governor Arnold Schwarzenegger on May 8. Nardelli described the meeting as "pretty productive" and said ideas were presented for modifications to the new California emissions standards that would reduce their impact on the industry.
Chrysler’s top executive was in Norfolk to donate a vintage WW II jeep and present a $100,000 donation from the Chrysler Foundation to the General Douglas MacArthur Foundation.
Veteran
Joined: Jun 2004
Posts: 261
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From: Spring Hill, FL
RE: Chrysler may drop more models, look outside for small cars
If you read the owner reviews at Edmonds.com there were a lot of people who really liked their Neons and can't believe Dodge stopped building them. I find it hard to believe the company who built the FWD Charger, Daytona, Omni and Neon can't find the sucessful formula for building reliable, fun economical small cars?
Record Breaker
Joined: Apr 2007
Posts: 1,079
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From: Eighty Four PA
If you read the owner reviews at Edmonds.com there were a lot of people who really liked their Neons and can't believe Dodge stopped building them. I find it hard to believe the company who built the FWD Charger, Daytona, Omni and Neon can't find the sucessful formula for building reliable, fun economical small cars?