Jul 25, 2013 10:12 AM EDT
Chrysler to Extend Production of Avenger, Wrangler, Caravan Vehicles

Chrysler had decided to extend production for a number of its vehicles that it had planned to replace over the next couple of years.

The automaker decided to extend production of its Dodge Avenger until the end of 2015, the Jeep Wrangler until mid-2018, and will continue to produce the Dodge Grand Caravan through late 2017 according to a report by The Detroit News.

The company was set to replace the Dodge Avenger this January, and the Wrangler was due to be replaced in mid-2016.

The Caravan was to be replaced with a new version in mid-2016, but that plan has now been canceled. This could mean the Chrysler Town & Country will be the only minivan produced by Chrysler at its Windsor factory.

Company CEO Sergio Marchionne said Chrysler will eventually only build one minivan, but won't comment on when the world can expect that to happen.

Many experts like analyst Jim Hall of 2953 Analytics LLP believe Chrysler is doing the right thing.

"It's exactly what they need to do. They need to focus on things with volume," said Hall according to The Detroit News. "When you find your consideration is increasing, you want to cash in with high-volume vehicles, not a bunch of niche vehicles."

Hall believes Chrysler is having "trouble" putting out new vehicles and wants to shift its focus to investment and attention on getting important high-volume cars like the replacement for the Chrysler 200 right.

The Chrysler 200 replacement is due out sometime in 2014.

Hall also mentioned that the Dodge Challenger's replacement, the Barracuda has been pushed back as well according to The Detroit News.

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