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NINETY EIGHT REGENCY

Chrysler 300 production will move from Austria to Ontario

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Chrysler 300 production will move from Austria to Ontario

Bradford Wernle

Automotive News

July 19, 2007 - 10:28 am

The Chrysler group will transfer production of the next-generation Chrysler 300 and sibling vehicles for sales outside of North America from the Magna Steyr plant in Graz, Austria, to Brampton, Ontario.

Production will begin in 2010, said Michelle Tinson, a Chrysler group spokeswoman.

The transfer of about 30,000 units from Graz will fill the hole in Brampton's schedule left by Chrysler's decision not to build the Imperial car there. Production of the Imperial had been forecast at about 40,000 units, said Buzz Hargrove, president of the Canadian Auto Workers union.

In conjunction with the move, Chrysler will increase planned investment in Brampton from $700 million to $1.2 billion, Tinson said. The additional investment is necessary because of the complexity of building right-hand-drive models for export.

Tinson said the strength of the euro against the dollar contributed to the decision to shift production.

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FAPTurbo    1,096

I bet Frank Stronach wasn't too happy about that one.

Oh well, at least it'll make for some happier Canadians. ^_^

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Dragon    0

just not Stronach's year. First he loses out on Chrysler, now he loses out 30k worth of volume in his plant.

not too mention Tie Domi as a potential son-in-law.

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FAPTurbo    1,096

I wouldn't feel too bad for the guy. He might be shedding a few tears over this, but he's probably got a butler to wipe them away.

What's good for him is good for Canada, IMO... and this just weakens Magna.

Not good.

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