Total production for the Chrysler Group will be reduced by 400,000 units per year, due to the closing of the aforementioned plant but also from canceling shifts at its St. Louis South Assembly Plant next year. Other restructuring moves include reducing the number of dealers and fleet sales.
To improve its products, Chrysler will be investing $3 billion on new engines, transmissions and axles in effort to create more fuel efficient drivetrains. The first big-ticket items will be a new dual-clutch transmission and the Phoenix V6 engine. Vehicles equipped with ultra-clean BLUETEC diesel engines are in the pipeline as are several hybrid vehicles.