Chrysler to cut output by 135,000 units
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DaimlerChrysler's (DCXGn.DE)  U.S. arm Chrysler will cut its production by around 90,000  units in the third quarter and around 135,000 in the second  half to try to reduce a glut of inventory, the company said on  Tuesday.
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AUBURN HILLS, Michigan  - Chrysler Group, the struggling U.S. arm of DaimlerChrysler AG, on Wednesday said it would cut 13,000 jobs or 16 percent of its work force in a bid to return to profitability by 2008.
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Chrysler's plan to close a plant and lay off 13,000 workers further shrinks Detroit's Big Three
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DETROIT General Motors and Ford Motor have announced that they plan to cut car and truck production in the fourth quarter by as much as 7 percent because vehicles are piling up unsold in inventory.
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Automaker Chrysler Group announced plans Wednesday to cut 13,000 jobs through 2009 as it attempts to stem rising losses.
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AUBURN HILLS, Michigan  - Chrysler announced on Wednesday it would cut 13,000 jobs, and parent DaimlerChrysler AG said it would look at all options for the struggling U.S. automaker.
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Volkswagen AG, the world's fourth largest carmaker, plans to cut more than a quarter of its U.S. staff as it moves its local headquarters from Detroit, it said on Thursday.
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DETROIT/FRANKFURT  - DaimlerChrysler said on Wednesday it would cut 13,000 jobs at its Chrysler operation in North America and indicated it could sell or spin off the money-losing unit, which would unwind a troubled 9-year-old merger between Chrysler and Mercedes.
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British carmaker Jaguar will cut  production by some 15,000 units over the rest of 2004 amid  slack demand, a Jaguar spokesman said on Friday.
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U.S. automaker Chrysler LLC aims to cut its product lineup sharply and shrink its dealership network to sell its three brands under one roof as part of its corporate restructuring, the company said on Friday.
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British carmaker Jaguar will cut production by some 15,000 units over the rest of 2004 amid slack demand, a Jaguar spokesman said on Friday.
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U.S. automaker Chrysler LLC aims to cut  its product lineup sharply and shrink its dealership network to  sell its three brands under one roof as part of its corporate  restructuring, the company said on Friday.
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German-US auto giant DaimlerChrysler said it planned to axe 13,000 jobs at its loss-making Chrysler subsidiary as part of a broad restructuring plan aimed at returning the US unit to profitability by 2008.
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Ford Motor posted weaker U.S. vehicle sales for August today and cut its fourth-quarter production. Chrysler posted a fifth straight month of stronger results.
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Chrysler Group has scrapped plans for a luxury sedan that would have represented a bigger, heavier and less-fuel-efficient version of its Chrysler 300C, citing high gasoline prices and tougher fuel economy standards.
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The Ford-owned carmaker is to cut production at its three UK plants by 11% because of poor sales in the US.
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DETROIT -- DaimlerChrysler AG's Chrysler Group will cut deliveries to dealers by 90,000 vehicles, or nearly 24 percent, in the third quarter, as falling sales of trucks and SUVs have left it with bloated inventories, DaimlerChrysler Chairman Dieter Zetsche said Tuesday.