Chrysler LLC said Thursday it plans to cut up to 12,000 jobs and remove four models from its lineup.
Scaling back their capacity to match their production would seem to be a necessity for survival.
The Chicago Sun-Times reported that "The scope of the cuts stunned workers and suggests the now-private Chrysler won't hesitate to lower production and jettison vehicles that aren't selling well.
On Thursday, Chrysler reported October sales fell 9% compared to a year ago.
Inspiration may come standard, but it's going to take a lot of perspiration and hard choices to make Chrysler profitable again.
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