Chrysler Expects Drop in Fourth Quarter Production

09/18/96

Reuters has reported that Chrysler Corporation announced its plans to build a total of 693,700 cars and trucks worldwide during the 1996 fourth quarter. The announced figure is down 0.8 percent from the 699,400 vehicles the corporation built during the same quarter of 1995.

Chrysler pinned the decrease on its idling of its Newark, Delaware plant for retooling; on downtime for a model changeover (scheduled for November) at a Jeep Cherokee plant in Toledo, Ohio; and on the slow launch of a Dakota truck made at a Warren, Michigan plant.

Chrysler said its fourth quarter 1996 car production in North America is expected rise, totaling 232,900 cars, up from the 224,100 units it built last year. Fourth quarter truck production in North Americas and Austria is estimated at 460,800 units, down from 475,300 units built during the same quarter of 1995.

Paul Dever -- The Auto Channel