Chrysler has halted development work on a new model code-named CT that was due to replace the Chrysler Pacifica in 2008.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


According to the Detroit Free Press, the move is thought to be a cost-cutting measure as Chrysler struggles to rein in costs in the final three months of the year, after reporting a $US1.5bn Q3 loss.


The CT is a crossover utility vehicle.


According to information from suppliers obtained by the newspaper, contract workers, hired to work on the new vehicle, have been laid off over the past few weeks.


The move appears to have puzzled many analysts. Several manufacturers have been moving into this segment and doing very well, so it seems strange that Chrysler would pull out completely.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

On the other hand, the company is developing a smaller crossover to replace the PT Cruiser in 2010 and cost-cutting executives may think that two crossovers is excessive. Alternatively the CT may not be meeting future requirements for component sharing and/or emissions. Chrysler recently embarked on an ambitious goal, dubbed Project Refocus, which aims to reduce costs by $1,000 per vehicle.