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crossfire production cut/layoffs possible

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Old Feb 25, 2006 | 11:19 PM
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Default crossfire production cut/layoffs possible

WHISPERS: Chrysler Crossfire Production May Be Cut by as Much as Two-Thirds

FRANKFURT — A German newspaper is reporting that Wilhelm Karmann, the company that makes the Chrysler Crossfire for DaimlerChrysler, plans to cut jobs as part of a two-thirds reduction in Crossfire production.

A DaimlerChrysler spokesman in Germany, quoted by the Dow Jones News Service, denied the report, calling it "an extremely pessimistic forecast that we don't accept." Nevertheless, the spokesman did acknowledge that some reduction in Crossfire production will take place.

The Crossfire went into production in 2003, and it is intended to have a five-year life cycle, the news service notes.

What this means to you: This is where the synergy between DaimlerBenz and Chrysler could have gone if not for the groundbreaking designs of the
300, Charger and Magnum.
 
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