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NEW CHRYSLER PRODUCT FOR NEWARK; NUMBER OF UNITS COULD DEPEND ON NAFTA

 NEWARK, Del., Nov. 9 /PRNewswire/ -- Chrysler's Newark Assembly Plant received good news today when Chairman and Chief Executive Officer Robert J. Eaton told an employee meeting that the company plans to add the Chrysler Concorde to Newark's product mix. The result would be to double the facility's capability to produce vehicles from Chrysler's popular new line of LH passenger cars.
 The Dodge Intrepid, another LH model, is currently built at Newark. The plant also produces the LeBaron convertible and three other mid-size cars -- the Dodge Spirit and Plymouth Acclaim and LeBaron Sedan.
 "We're giving Newark the capability of manufacturing 720 Intrepids and Concordes a day, up from the 360 Intrepids it now builds daily," Eaton said. "Whether we can utilize that capacity will depend largely on two things -- overall market conditions and the passage of NAFTA (the North American Free Trade Agreement).
 "If NAFTA passes, we believe we will be able to export thousands of Intrepids and Concordes to Mexico. NAFTA tears down the trade barriers which make it close to impossible for us to send vehicles to Mexico from our U.S. plant," he added.
 The Dodge Intrepid and Chrysler Concorde "are two of the hottest cars in the American market," Eaton said. "They're world class vehicles which we feel will be well-received in Mexico -- second fastest growing auto market in the world."
 Eaton declined to give a precise dollar figure but said the investment at Newark would be "substantial" in order to add the Concorde and increase production of the Intrepid.
 Chrysler Newark Assembly Plant employs over 3,600 persons.
 /delval/
 -0- 11/9/93
 /CONTACT: Mike Aberlich of Chrysler, 313-576-8094/
 (C)


CO: Chrysler Corporation ST: Delaware IN: AUT SU:

DT-DC -- DC038 -- 2417 11/09/93 16:19 EST
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Publication:PR Newswire
Date:Nov 9, 1993
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