Japanese automaker Honda says it plans to cut North American production by another 29,000 vehicles effective immediately. The production cuts don’t include any related personnel cuts, but they do further slash the automaker’s fiscal year output to 1.264 million vehicles – over 200,000 fewer than projected.
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Chrysler LLC is exploring entering a new vehicle segment with a car-based “lifestyle” pickup as an alternative to slow-selling traditional compact trucks.

“What is needed is a lighter-duty, multipurpose vehicle from a lighter, more fuel-efficient car platform that allows the vehicle to be priced significantly different from what your full-size trucks are,” Chrysler product development chief Frank Klegon said in an interview.
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