Chrysler also hopes the technology center will promote confidence in the No. 3 auto maker's future.
The No. 3 auto maker is trying to bolster its balance sheet.
The No.1 auto maker sold 105,963 cars, an increase of 11.5 percent from 95,049.
The nation's No. 3 auto maker also realigned the top management of its vehicle development groups.
The nation's No. 3 auto maker granted the options last week to about 1,800 executives.
The No. 2 auto maker also said its average rebate for a car dropped to $1,000, from $1,150 in the fourth quarter of last year.
The No. 1 auto maker has been retrenching for months.
The move, which was expected, will save the No. 3 auto maker $33 million a quarter.
The other was the very tight capacity at the No. 2 auto maker since the mid-1980's.
Taking the lower figure, that means the No. 3 auto maker could lose at least $300 million because of the lost production and sales.
The No. 2 auto maker is doing just fine these days, as the union well knew in choosing it to set a bargaining benchmark.
The No. 3 auto maker is trying to bolster its balance sheet.
The nation's No. 3 auto maker also realigned the top management of its vehicle development groups.
In the early going, he said, the No. 1 auto maker benefited from some "quicker hit" savings.
The nation's No. 3 auto maker granted the options last week to about 1,800 executives.
The No. 2 auto maker also said its average rebate for a car dropped to $1,000, from $1,150 in the fourth quarter of last year.
The No. 1 auto maker has been retrenching for months.
The move, which was expected, will save the No. 3 auto maker $33 million a quarter.
The other was the very tight capacity at the No. 2 auto maker since the mid-1980's.
Taking the lower figure, that means the No. 3 auto maker could lose at least $300 million because of the lost production and sales.
