Belvidere’s fate maybe told on Wednesday.
CEO Sergio Marchionne is expected to give the presidential auto task force his five-year business plan for revitalizing Chrysler Group LLC on Wednesday.
Last month, it was reported that the Belvidere-built Dodge Caliber, Jeep Compass and Jeep Patriot will receive extensive updates in the next year to 18 months to try to recapture some market share.
The Wall Street Journal echoed the call on the Caliber and also believes the Compass is on its way out
Even with the plant closures, Chrysler still has more capacity than they need right now,” Handler said. “There may be still a day of reckoning for Belvidere … unless we see Alpha Romeos and Fiats flying off lots
Click on the following for the rest of the story: Analyst: Fiat may redo, cut Caliber lineup - - BusinessRockford.com
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