Financial Times FT.com

Chrysler to close minivan factory

By Bernard Simon in Toronto

Published: July 1 2008 03:00 | Last updated: July 1 2008 03:00

Chrysler will shut a US minivan assembly plant and cut one of two shifts at a pick-up factory in the latest move by carmakers to adjust North American capacity to the shift in demand to more fuel-efficient cars and crossover vehicles.

The cuts will result in 2,400 job losses at the plants, both in St Louis.

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