Fiat Chrysler is winding down production of the Chrysler 200 and Dodge Dart and will primarily produce Jeep SUVs and Ram pickups in the U.S. The company’s remaining car models will be made in Mexico, Canada or other foreign nations.
Ending passenger car production in the U.S. is part of CEO Sergio Marchionne’s multibillion-dollar plan to increase profit margins to match competitors. It’s a bet that recognizes the growing popularity of SUVs in America, low gas prices and lower cost of producing vehicles in Mexico.
Via Jon.