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Drop in Truck, SUV Demand Sinks Chrysler

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Drop in Truck, SUV Demand Sinks Chrysler

Economy

Drop in Truck, SUV Demand Sinks Chrysler

Drop in Truck, SUV Demand Sinks Chrysler

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  • <iframe src="https://www.npr.org/player/embed/6381767/6381768" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The giant auto company DaimlerChrysler reported a 37 percent drop in its third-quarter earnings on Wednesday, primarily because of the poor performance of the Chrysler division due to decreased demand for bigger trucks and SUVs.

The bad news follows a string of omens about the U.S. auto industry. Jack Speer examines the significance of the news, and what it means to jobs and domestic manufacturing.