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Chrysler: Better Quality, Fewer Models

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Under new management in 2007, Chrysler planned to cut 13,000 jobs last February and 11,000 jobs last November. Now, according to the company's vice chairman, no new job cuts are expected — yet.

"We hope that's going to be the extent of it," said Vice Chairman Jim Press. "You never know what the market is going to throw at us, but yes, the answer is that we have made the appropriate decisions."

Chrysler's cuts stem from a decision to provide customers with fewer cars but better quality. The company plans to increase its factories' efficiency as well as consolidate dealerships throughout the country.




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