USA: Longer tooling life, more flexible factory aids Chrysler cost cuts - report
DaimlerChrysler Chrysler arm has trimmed about $US3 billion from projected manufacturing costs, allowing it to add two vehicles to its five-year new product plan, a senior company official told Reuters during a tour of a Canadian plant in Windsor, Ontario, on Wednesday. Reuters said the vehicles new vehicles will be on top of the approximately 30 new or redesigned models Chrysler plans to introduce over the next five years at a cost of $30 billion. The savings will come mostly from using factory tooling longer and setting up plants to build more than one model on the same assembly line, the news agency added.
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