LAKE TAHOE, Calif. -- Chrysler may cut production of some 2007 vehicles if previously announced cutbacks don't make a sufficient dent in the company's bloated inventories.
In a July sales call to analysts, Chrysler CEO Tom LaSorda said the company was taking a series of actions to trim production by 50,000 to 65,000 units. Now COO Eric Ridenour says Chrysler could cut production further, primarily 2007 models.
Ridenour said Chrysler is sticking with the plan announced by LaSorda but will monitor the success of its sales programs closely.
"We have cuts coming throughout the third quarter," Ridenour said at the introduction of the redesigned 2007 Jeep Wrangler here. "Clearly our intent is to help correct the inventory. We have a pretty aggressive plan."
Ridenour said he thinks the actions Chrysler has taken are sufficient. If not, the company will make further cuts, he said.
"I'm not expecting there to be further cutbacks, but it depends on how good sales are," Ridenour said.