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5 years ago.(News)(Brief Article)

Automotive News Europe,  April, 2003  

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The top stories from Automotive News Europe's April 13, 1998 edition - and how they developed.

Fate of Eurostar plant

Chrysler Corp. expects to take full control of its Eurostar joint-venture plant in Graz, Austria. Chrysler wants to buy out the interest of its partner, Magna Steyr.

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* DaimlerChrysler finally bought Magna Steyr's 50 percent share of Eurostar in June 1999 for an undisclosed amount. But in December 2001, D/C said it would stop building the Chrysler PT Cruiser at Eurostar and sell the plant back to Magna Steyr. Slow European sales of the PT Cruiser were ...

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