Chrysler to Drop First Hybrids, After October Debut

Chrysler LLC, the automaker considering a combination with General Motors Corp. to survive, has been forced to kill its only gasoline-electric model because of poor sales of its largest sport-utility vehicle.

The hybrid versions of the Dodge Durango and Chrysler Aspen SUVs, which went on sale this month, are produced at the Newark, Delaware, factory that Chrysler said last week will shut by Dec. 31. The plant also makes gasoline-only versions of those models. Todd Goyer, a Chrysler spokesman, confirmed the hybrid decision today. Read more

Source: Bloomberg

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