Jeeps are Just Flying Off the Shelves!
Posted by Alex in Industry News, tags: 2012, capacity, chrysler, demand, Jeep, jeep liberty, jeep wrangler, Liberty, october, plant, production, toledo, world, worldwide, Wrangler
Source: THE BLADE/ANDY MORRISON
So last week, Chrysler’s CEO Sergio Marchionne announced a $500 million investment in retooling the Toledo Assembly complex’s Liberty production line, a neighboring plant that runs 20 hours a day, 6 days a week.
However, Chrysler can barely keep the Wranglers in stock as worldwide demand increases beyond the capacity of the Toledo Plant. Capacity concerns could result in another upgrade to this facility or to build them in another Chrysler facility elsewhere.
United Auto Workers union agreed to work 4 days next month during their usual shutdown week between Christmas and New Years day, the first time in 28 years.
To get an idea of the demand, October’s production of Wranglers was 135,072 units, 11% from last year. In July, 14,335 units were sold, 28% more than last year. Elsewhere in the world, Chrysler have sold 36,164 Wranglers through October, up 15% from last year.
Source: ToledoBlade
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