USA: Chrysler cuts initial capital expenditure for new model by 30%
The Chrysler group will reduce initial capital expenditures by 30% preparing for the launch of the redesigned 2004 Dodge Durango due to flexible manufacturing strategies and re-use of existing tooling, the unit's head of assembly, stamping and component operations said during the 2003 Management Briefing Seminars in Traverse City, Michigan, on Monday.
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