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Chrysler Suspends Production
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by Jordan Yerman | December 17, 2008 at 02:16 pm
221 views | 29 Recommendations | 2 comments
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Chrysler will be closing all of its plants on Friday due to its ongoing financial woes. The Automaker's announcement states that the closure will last for at least a month, with the factories that make certain Jeep and Dodge models will be closed until early February.
We'll be following this on Scan as well.
The earliest the operations will come back on line is Jan. 19, the Auburn Hills, Michigan-based company said in a statement today.
Chrysler’s decision to suspend production comes after a 47 percent decline in U.S. sales in November. The automaker has asked for emergency bridge financing from the U.S. government to avoid collapse.
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Most RecentMost Recommended Comments (2)
at 15:16 on December 17th, 2008
I saw in a news wire that they will halt beginning Friday at ALL 30 plants for at least a month
at 21:38 on December 17th, 2008
Socialism destroys business. The only choice unionized car companies have is to eliminate the union or fold.