Chrysler decided to kill production of the PT Cruiser from January to mid this year due to the dropping sales figures and lack of future plans to update the car. The Cruiser became one among seven models axed by the management of Cerberus Capital Management.

The other units killed by the management were the Pacifica SUV, Aspen SUV, Crossfire, Durango SUV, and the Dodge Magnum.

The PT Cruiser graced the public starting in 2000 and was instantly loved for its retro looks. Aside from the styling, consumers opted for this Chrysler for its very affordable price. The PT Cruiser became an icon of the industry with dealers being able to inflate the price because of the high demand.

Fast forward to today, the PT Cruiser’s styling is basically untouched. Some minor tweaking was done back in 2006.

The sales of the PT Cruiser reached its climax in 2001 when the company was able to dispose of 144,717 cars. In 2008, there were 50910 sales. As of Q2 of 2009, the PT Cruiser has just made about 8591 moves out of dealerships.

An old vehicle in the line up of Chrysler may be seen as an illogical move by market experts but some sees it as a nothing to lose step since the PT Cruiser sells without lifting a finger for marketing plus the machines used to make the vehicle have all been paid off.

From the current number of 73,000 salaried workforces, they will have a dreadful decline to a difference of 63,000 that is according to the statement made by General Motors. In the United States, approximately 3,400 of the car company’s 29,500 salaried workforces, mostly in southeast Michigan, will be removed by the first of May. These workers are eligible to receive severance pay and some financial assistance as declared by General Motors. The rest of the affected workforces will be from the European offices and from other parts of the world.

The remaining staff will experience most likely pay cut offs in between three to ten percent for the year.

These strategies are used and are presented as the latest move by General Motors to fix its operations ahead of the deadline of the viability plan to be submitted to the US government’s Department of Treasury as to preserve its agreement to provide $13.4 billion from its federal loans.

General Motors sales output last January plunged by 49 percent and according to the automaker, it is anticipated due to the economic turmoil. So with this, GM executives have decided to take initial actions for a more efficient and quick cost-cutting measures.