As part of its bankruptcy, last year, Chrysler abandoned seven factories; but now the automaker wants one of those facilities back, and plans to buy back the assembly line, in Sterling Heights, Michigan.
The move, if approved by a U.S. bankruptcy court judge, next month, would give the automaker a place to produce midsize sedans like the Chrysler Sebring and Dodge Avenger – both of which are due for “significan” redesigns as part of Chrysler’s upcoming product blitz.
The updated models are scheduled to remain in production through the 2012 model-year. The following year, the U.S. maker switches to an all-new platform developed by its Italian partner, Fiat.
Chrysler will not say whether Sterling Heights would pick up any new products based on that new platform but going forward, the company intends to increase the flexibility of its plants, according to CEO Sergio Marchionne. That would make it possible for the Sterling Heights plant to produce any number of future Chrysler offerings, indeed, numerous platforms simultaneously. (more…)