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Chrysler Adds To US Output Cuts

September 2006 | Company News Alert
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Following on from similar moves by its fellow Big Three manufacturers, the Chrysler division of DaimlerChrysler has announced plans to reduce its production for H206 in order to reduce excess inventories. Around 135,000 units will be dropped in the second half of the year, of which around 90,000 units will be cut in Q3. Chrysler also expects losses of US$1.5bn in