Chrysler PT Cruiser production to end mid-year

Chrysler co-president Tom LaSorda has confirmed that production of the PT Cruiser will come to end by the middle of this year, citing falling sales and no future updates as the key reasons for the vehicle's demise. Released in 2000 with retro looks and an affordable price, the car immediately became an icon for many, allowing dealers to inflate their prices to suit the demand. Nine years later the car remains almost untouched, barring subtle styling changes made in 2006. This makes the PT Cruiser the seventh model to be axed from Chrysler's lineup since new owners Cerberus Capital Management stepped in.