DaimlerChrysler in the US has issued a statement denying media reports that it is planning to move vehicle production from Graz, Austria, back to the US due to currency problems.
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Under a contract with Magna Steyr, assembly of the Jeep Grand Cherokee and Chrysler Voyager is presently undertaken in Graz. But Chrysler chief Dieter Zetsche said in a US interview that a withdrawal was being considered. The reason cited was the weakness of the dollar, making production in Europe very expensive.
DC’s official statement reads as follows:
Statement in Response to Next Generation Jeep® Grand Cherokee Production at Magna Steyr
Auburn Hills, Mich. – In an interview with Chrysler Group President and CEO Dieter Zetsche that appeared in the October 11 issue of Automotive News, a statement was erroneously reported regarding future production of the Jeep® Grand Cherokee at Magna Steyr in Graz, Austria.
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By GlobalDataChrysler Group will continue to produce the Jeep Grand Cherokee (current and next generation models) at Magna’s Graz, Austria, facility. There is no change in the company’s assembly agreement.
