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Chrysler stops production

December 18 2008

Manual of the American automaker Chrysler announced on Wednesday its intention to completely stop from 19 December this year, production of motor vehicles. As reported by broadcaster CNN en, conveyors at all factories "Chrysler" will stand for at least a month. This measure provoked by a crisis of overproduction because of the sharp decline in consumer demand.

Previously, the broadcaster recalls, the leadership of another American auto giant General Motors has decided to reduce by one third of the production machines in the first quarter of 2009, and in this regard to temporarily close 20 plants in the U.S., Canada and Mexico.

In connection with the general deterioration of the economic situation of serious difficulties in recent years have almost all the automakers. Car sales in the U.S. fell to its lowest level in 25 years. For example, sales of cars General Motors in the U.S. market fell in November by 41 percent. At Ford Motor for the same period, sales declined by 31 percent, while Chrysler - just 47 per cent.

Not better things with sales in the U.S. market and the Japanese automakers, long had close competitors in North America. Thus, a corporation, Toyota said that sales of its cars fell in November by 34 percent, while at the Honda, the figure was 32 percent. Guide latter also announced its intention to significantly reduce the production of machines for the North American market.

Recently, the car market in the U.S. decreased significantly the activity of buyers who are in the current economic conditions, not in a hurry to get rid of old cars and buy new ones. "The difficult financial situation has forced many Americans to save, even on food and essential commodities. It is not surprising that the replacement vehicle, many are now set aside until better times," - said here in this regard, one analyst, reports ITAR-TASS .

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