Chrysler Set To Drop The Ax on Pacifica, PT Cruiser, Dodge Magnum

Chrysler is expected to kill off its Pacifica, PT Cruiser and Dodge Magnum at some kind of a board meeting today. With sales of all those models dropping by nearly 30 percent this year, there's not much left to kill, but fates will be decided at the first board meeting with former Home Depot CEO Bob Nardelli as chairman. With sales sliding 23 percent this year, Jeep's full-size Commander is also at risk as a possible fourth model to be chopped. CEO and chairman Nardelli, along with vice chairman and chief product strategist Jim Press are looking to trim Chrysler's operations through a smaller line-up and smaller workforce. [The Detroit News]