Chrysler Kills PT Cruiser

Since Cerberus has taken over Chrysler from Daimler, the private investment firm has hacked away at the automaker’s lineup: casualties have included the Dodge Magnum and Durango, along with the Chrysler Crossfire, Pacifica, and Aspen. As of this summer, another model will be added to the death list: the Chrysler PT Cruiser.

In a phone interview with Bloomberg yesterday, Chrysler President Tom LaSorda confirmed that the company will stop building the PT Cruiser this summer in an effort to save money. Chrysler will also try to sell the equipment used to make the vehicle, although so far it has found no buyers.

The Chrysler PT Cruiser convertible was killed last year, but production of the hardtop version continued. Sales plunged almost 50 percent last year, to less than 51,000 units. With the disappearance of the PT Cruiser, the Chrysler brand is left with just three nameplates: the 300, the Town & Country, and the Sebring.

Rumors have pegged the Jeep Commander, which is only in its third model year, as the next Mopar vehicle on the chopping block.

Source: Bloomberg


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