Chrysler to Cut Four Models, Up to 10,000 Hourly Jobs
Another 1,000 salaried jobs also are being cut along with about 37 percent of its contractors, the company said. Chrysler will also eliminate hourly and salaried overtime.
The automaker will drop shifts at five North American plants and will drop from its model lineup the Dodge Magnum, the Chrysler PT Cruiser convertible, the Chrysler Pacifica crossover and the Chrysler Crossfire convertible.
Meanwhile, Chrysler said it will add two all-new products to its portfolio: the Dodge Journey crossover and Dodge Challenger coupe, along with two new hybrid models—the Chrysler Aspen and Dodge Durango SUVs.
“The market situation has changed dramatically in the eight months since Chrysler established the Recovery and Transformation Plan as its blueprint,” Chrysler CEO Bob Nardelli said in a statement.
Filed by Bradford Wernle of Automotive News, a sister publication of Workforce Management. To comment, e-mail email@example.com.