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AUTOS

Times Staff and Wire Reports

Chrysler to Cease Sales of Eagle Summit: The No. 3 auto maker will not offer the Eagle Summit subcompact in 1997, ending the flow of Japanese imports it has sold under its nameplates for 25 years. The Summit sedan and wagon are made by Mitsubishi Motors Corp. Chrysler Corp.’s Dodge and Plymouth divisions dropped their Colt coupe versions of the car in January 1995. Chrysler announced in September that it would discontinue in 1997 its slow-selling Dodge Stealth sports car, also made by Mitsubishi. The decline in sales for both cars in recent years is in large part due to the rise in the value of the yen, which makes Japanese imports more expensive. The Summit reached a sales high of 19,121 units in 1989. Last year, only 5,060 were sold--its lowest annual total.

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