LAST AUTO NEWS – MASSIVE CHRYSLER HOLIDAY SHUTDOWN: 31 DAYS, 30 PLANTS
Last Auto Account – Massive Chrysler Anniversary Shutdown: 31 Days, 30 Plants
The end of the year is fast approaching, as is the end of the alley for a bread-and-butter Chrysler if federal abetment is not forthcoming. Today Chrysler appear that it will extend its anniversary breach to now amount one month, abeyance operation in 30 plants from December 19th through January 19th. We can alone brainstorm Chrysler PR man ..Last Auto account –
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The end of the year is fast approaching, as is the end of the alley for a bread-and-butter Chrysler if federal abetment is not forthcoming. Today Chrysler appear that it will extend its anniversary breach to now amount one month, abeyance operation in 30 plants from December 19th through January 19th. We can alone brainstorm Chrysler PR man Rick Denau’s attempt to accumulate a blessed face as he approved to enthuse about the next-gen Chrysler 300, Dodge Charger, and Chrysler electric cars in a columnist appointment that Jalopnik was a lot of absolutely not arrive to.
Chrysler’s anniversary abeyance had already been continued two days, and was to go from December 22 to January 2. But with a 47.1 percent sales bead in November, the better of any carmaker, Chrysler is getting afflicted to yield added desperate measures as it waits badly for Federal assistance. 46,000 alternate workers in the U.S., Mexico, and Canada will apparently be afflicted by the shutdown.
Chrysler Chairman Bob Nardelli told Congress in contempo appeals for abetment that his aggregation will abutting out 2008 with about $2.5 billion banknote on hand. And with aboriginal division expenditures of about $9.4 billion in ’09, you can bound see the consequence of their cashflow problem. Chrysler dealers adduce abounding accommodating buyers but an disability to complete costs on the cars due to consumers’ abridgement of admission to credit.–Colin Mathews
[source: Automotive News]
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