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Business Briefing / Autos

Chrysler won't sell Viper unit

July 11, 2009|TIMES WIRE REPORTS

Chrysler Group, the U.S. automaker run by Italy's Fiat, said it had decided not to sell its Dodge Viper sports-car business.

The Detroit plant that makes the $91,000 car will continue production, Auburn Hills, Mich.-based Chrysler said. The factory had been slated to close at the end of 2010.

U.S. sales of the Viper fell 48% to 309 in this year's first half. The two-seat car, which began sales in 1992 and features a V-10 engine, is more than twice as expensive as any other Chrysler model.

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