|
Chrysler to build car-based SUV
Chrysler to build car-based SUV, sell some assets
08.13.08, 12:11 PM ET
TRAVERSE CITY, Mich. (Reuters) - Chrysler LLC is planning a new car-based SUV that will hit showrooms in 2010, and has identified over $1 billion in non-earning assets it will sell to raise cash.
Chrysler plans to invest about $1.8 billion over the next two years to retool and expand its Jefferson North assembly plant in Detroit that currently builds the Jeep Grand Cherokee, a truck-based SUV.
The new SUV will retain the Grand Cherokee name, President Tom LaSorda said Wednesday on the sidelines of an industry event in this resort town.
Article: Chrysler to build car-based SUV, sell some assets - Forbes.com
__________________
Rick
Nitro Year: 2007 (1 of 113,000 sold)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
|
Linear Mode
