Majority of plants expected to reopen as soon as company emerges from Chapter 11
3 June 2009

The restructured Chrysler is planning to re-open most of its factories by the end of June.

However, final plans for a timetable of reopenings will not be made until the Fiat-led company emerges from bankruptcy on Friday.

"The majority of plants will come up last week of June," said Steven Landry, executive vice president of North America sales.

Chrysler's factories shut down shortly after Chrysler filed for bankruptcy on 30 April.

Current inventory records show Chrysler dealers still have 260,407 unsold vehicles, which equates to about an 86-day supply.

Figures show Chrysler's 789 rejected dealers were holding 42,000 vehicles in stock when Chrysler started its redistribution process on May 18. Customers have since bought 16,000 of those, and surviving Chrysler dealers have committed to taking another 23,000.

Chrysler sales fell 47 per cent during May. Landry blamed the collapse on the company's fleet sales, which were 91 per cent down compared to a year ago.

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Citroën C3 Aircross
    First Drive
    17 October 2017
    It's got funky looks and a charming interior, but it's another small SUV, and another dynamic miss. Numb steering is just one thing keeping it from class best
  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer
  • Citroën C3
    First Drive
    16 October 2017
    Is the third gen Citroën C3 ‘fresh and different’ enough to take on its supermini rivals? We spend six months with one to find out
  • BMW X3
    First Drive
    15 October 2017
    A satisfying rework of the X3 that usefully improves its handling, cabin finish, space and connectivity to make this BMW a class front-runner again