Chrysler PT Cruiser faces extinction

Chrysler PT Cruiser faces extinction

Chrysler PT cruiser fq

The once coveted Chrysler PT Cruiser is facing extinction this year, and according to Chrysler President Tom LaSorda, the automaker is looking to sell the equipment used to build the PT Cruiser in Mexico.

Speaking with Bloomberg, LaSorda stated that Chrysler would sell its PT manufacturing assets but it doesn’t have any interested parties at this time.

Sales of the PT dropped in the states by 49% last year, with only 50,910 vehicles leaving dealer lots. That’s down from the PT’s domestic peak when Chrysler was able to offload 144,717 models in 2001. The PT’s demise doesn’t come as a surprise, particularly considering that Chrysler’s owner, Cerberus Capital Management, has slashed six other models from the automaker’s lineup since it took control in August 2007. The PT’s timely death will mean that the Chrysler badge is only attached to three American models: the Town & Country minivan, Sebring and 300C.

Chrysler PT cruiser fq

The once coveted Chrysler PT Cruiser is facing extinction this year, and according to Chrysler President Tom LaSorda, the automaker is looking to sell the equipment used to build the PT Cruiser in Mexico.

Speaking with Bloomberg, LaSorda stated that Chrysler would sell its PT manufacturing assets but it doesn’t have any interested parties at this time.

Sales of the PT dropped in the states by 49% last year, with only 50,910 vehicles leaving dealer lots. That’s down from the PT’s domestic peak when Chrysler was able to offload 144,717 models in 2001. The PT’s demise doesn’t come as a surprise, particularly considering that Chrysler’s owner, Cerberus Capital Management, has slashed six other models from the automaker’s lineup since it took control in August 2007. The PT’s timely death will mean that the Chrysler badge is only attached to three American models: the Town & Country minivan, Sebring and 300C.

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