RIP: Chrysler PT Cruiser Dead After this Summer

Chrysler LLC President Tom LaSorda, recently spoke with Bloomberg and announced the death of the PT Cruiser this summer.

It's not much of a surprise since sales of the PT Cruiser were down 49 percent last year for a total of 50,910 units. The PT Cruiser's most successful year was 2001 with 144,717 units sold.

Chrysler is also actively pursuing the sale of the equipment that is used to produce the PT Cruiser in Toluca, Mexico.

The death of the PT Cruiser leaves the Chrysler brand with only three models, the 300C, Sebring and Town & Country minivan.

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