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Chrysler to cut models, dealerships

Flandry

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"DETROIT (Reuters) - U.S. automaker Chrysler LLC aims to cut its product lineup sharply and shrink its dealership network to sell its three brands under one roof as part of its corporate restructuring, the company said on Friday."

"Chrysler President Jim Press... called the figures hypothetical, but also said Chrysler's model and dealer lineup was big enough to support production of 4 million vehicles per year, while it had retail sales of about 1.5 million and needs to address that."

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