Big Three automaker Chrysler is cutting “up to 12,000 jobs” according to a report from the AP.

Also:

“The company announced it will eliminate four auto models through 2008, including the Dodge Magnum wagon, the convertible version of the Chrysler PT Cruiser, the Chrysler Pacifica crossover and the Chrysler Crossfire sports car.

In the same time frame, Chrysler plans to add the Dodge Journey crossover and Dodge Challenger sports car, along with two new hybrid models, the Chrysler Aspen and Dodge Durango.”

Why is the auto industry so frustratingly yin & yang in this country? It’s great that Chrysler is becoming more green but it’s so sad (pitiful) to see cost savings through layoffs–especially during the holiday season.

Chrysler to Cut Up to 12,000 Jobs [AP, 11/1/2007]

Filed under: Other — Pilar @ 9:26 am