Chrysler Delays Jeep Debut in India
Chrysler Group LLC tells The Wall Street Journal it has suspended plans to introduce Jeep SUVs in India until the country's economy revives.
#economics
Chrysler Group LLC tells The Wall Street Journal it has suspended plans to introduce Jeep SUVs in India until the country's economy revives.
Chrysler intended to begin importing Jeeps last year. But Michael Manley, who heads the Jeep brand, says he shelved the plan because of India's weakened market.
The Journal notes that Suzuki Motor Corp. has temporarily postponed scheduled construction of a new auto plant in India for the same reason. Car sales in India slumped in 2013 for the first time in 11 years, according to the newspaper.
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