Chrysler group to cut second half output by 135,000 units

Reuters / September 19, 2006 - 8:00 am STUTTGART (Reuters) -- The Chrysler group will cut its production by around 90,000 units in the third quarter and around 135,000 in the second half of this year to try to reduce a glut of inventory, the company said today.

In a presentation made available before a conference call, the Chrysler group said deliveries to dealers would fall to around 380,000 units in the third quarter and to 705,000 in the second half.

The Chrysler group expected deliveries to rise again in 2007 and subsequent year