Fiat's plan for the Chrysler PT Cruiser

Fiat, in its infinite wisdom and foresight, has granted to keep production going on the Chrysler PT Cruiser, the U.S. automaker's compact hatchback/station wagon. The PT Cruiser was previously scheduled to end production this summer.

After a quick rinse in bankruptcy and a takeover by Italy's Fiat (which now owns a 20% stake), Chrysler will continue production of the PT Cruiser, using the model until the Fiat 500 is ready to make its North American debut.

Once production of the PT Cruiser ends, the plant will go through a six-month retooling period, during which the plant will be made ready for production the Fiat 500 and the Fiat Panda (which will be rebadged as a Jeep, according to Inside Line). As it gains access to Fiat's dealerships and Europe and Brazil, Chrysler is apparently anticipating demand for its aging, early-retro-cutesy compact car in those markets.

Source: Inside Line
content from: http://rumors.automobilemag.com/6555089/news/fiat-saves-chrysler-pt-cruiser/index.html