FCA Extends Chrysler 200 Plant Shutdown Three More Weeks

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FCA will extend the temporary shutdown of the plant where it builds the midsize Chrysler 200 sedan, Automotive News reports. Originally slated to be closed from February 1 to March 14, the plant in Sterling Heights, Mich., will remain idle until April 4, according to the report. That’s a total of nine weeks up from the original six-week shutdown.

The plant is being idled to match supply with demand. As of March 1, the automaker had a 147-day supply of 200 sedans. While that number is down from 217 days a month earlier, most automakers aim for a 65-day supply of vehicles.

Due to low fuel prices, consumer demand has shifted from midsize sedans to small crossovers. Passenger car sales have decreased steadily from 51 percent of the market in 2012 to 44 percent in 2014 and 40 percent in 2015. The Chrysler 200 has been hit especially hard. FCA sold just 6,600 200 sedans in February — down 58 percent from last year.

Earlier this year, FCA boss Sergio Marchionne said the midsize Chrysler 200 sedan and compact Dodge Dart sedans would not be replaced at the end of their current cycle.

Source: Automotive News (Subscription required)