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Chrysler to idle all plants | detnews.com | The Detroit News Chrysler LLC is shutting its North American production operations Friday for a month, the latest in a string of drastic cost-cutting measures it is making as it awaits word on emergency federal loans to prevent it from possibly having to file for bankruptcy. The Auburn Hills automaker said the action is a response to a severe sales slump, tight credit and an urgent need to preserve cash. All 30 of the company's assembly, engine and transmission plants in the United States, Canada and Mexico will close... Article added: 2008-12-18 08:03:56 Article Views Rating: 125
Chrysler to idle all plants; 9 Ford sites on planned shutdown | detnews.com | The Detroit News Chrysler LLC, responding to a severe sales slump, tight credit and urgent need to preserve cash, will idle all of its North American manufacturing operations for at least 30 days beginning this Friday. And Ford Motor Co. has a planned shutdown affecting nine of its North American assembly plants for an extra week in January due to the slumping U.S. auto market, under previously announced plans to trim first quarter output. A tenth Ford facility, Kentucky Truck Plant in Louisville, is down for retooling... Article added: 2008-12-18 08:03:23 Article Views Rating: 148
Chrysler to idle all plants; 9 Ford sites on planned shutdown | detnews.com | The Detroit News Chrysler LLC, responding to a severe sales slump, tight credit and urgent need to preserve cash, will idle all of its North American manufacturing operations for at least 30 days beginning this Friday. And Ford Motor Co. has a planned shutdown affecting nine of its North American assembly plants for an extra week in January due to the slumping U.S. auto market, under previously announced plans to trim first quarter output. A tenth Ford facility, Kentucky Truck Plant in Louisville, is down for retooling... Article added: 2008-12-18 08:03:57 Article Views Rating: 148
Chrysler to lay off hundreds of IT workers At least 400 more people are slated to lose their jobs at Chrysler LLC as the automaker outsources computer technology work -- part of a cost-saving plan to streamline Chrysler's information technology department. The process will start immediately though some workers may not depart until the third quarter. Chrysler has finalized contracts with India-based Tata Consultancy Services and Virginia-based Computer Sciences Corp. to take over maintenance and support operations for internal employees, Chrysler... Article added: 2008-04-03 04:43:32 Article Views Rating: 147
Chrysler to revamp fading midsize cars | detnews.com | The Detroit News Chrysler Group LLC is counting on significantly higher sales of its midsize sedans to meet ambitious growth targets outlined last week in its five-year business plan, but the automaker has not been competitive for at least a decade in the market's largest vehicle segment. The Auburn Hills automaker, whose U.S. sales have fallen 39 percent this year, has been particularly stung by poor quality and consumers leaving for other brands. Chrysler executives are quick to admit to their struggles and... Article added: 2009-11-16 07:55:26 Article Views Rating: 51
Chrysler Town and Country is made for vacations | detnews.com | The Detroit News -- The best way to go up north is in a minivan. Sure, there may be cooler cars, faster SUVs and much more stylish vehicles, but a minivan gets the job done like no other. And the king of Michigan minivans is the 2009 Chrysler Town and Country -- it's an anointment by default since Ford Motor Co. and General Motors Co. dumped their minivan business. A Town and Country makes any trip into Michigan's hinterlands easier because it basically becomes a giant cargo hauler. It's the Pods of vehicles. The Stow... Article added: 2009-08-27 07:30:06 Article Views Rating: 41
Chrysler wants $3B more in bailout aid | detnews.com | The Detroit News DETROIT -- Chrysler LLC is seeking $3 billion in additional government aid and its finance arm is in advanced talks with the U.S. Treasury to obtain a multi-billion cash infusion that could be finalized by Friday, officials said. Chrysler is the only one among Detroit's Big Three automakers seeking immediate additional aid. General Motors Corp. said it had no plans to seek more aid beyond the $13.4 billion the U.S. Treasury Department is loaning it from the $700 billion Wall Street rescue fund, known as... Article added: 2009-01-12 06:34:09 Article Views Rating: 246
Chrysler Woes Bankrupt Getrag Dual Clutch Transmission Plant Getrag Transmission Manufacturing LLC said Monday it filed for Chapter 11 bankruptcy protection for its Tipton Indiana facility after Chrysler LLC pulled out of a financing options agreement and left the plant without a primary customer. The $530 million facility was being built for the sole purpose of making dual clutch transmissions for Chrysler, so when the automaker terminated the deal last month, the German manufacturer said it was forced to stop its operations in Tipton and cancel the project.LA... Article added: 2008-11-19 07:12:11 Article Views Rating: 117
Chrysler working on Project D to replace Sebring/Avenger Amidst all the wheeling and dealing going on at Chrysler LLC., the automaker still has a lineup of current cars that needs attending to. The Chrysler Sebring/Dodge Avenger duo have been underperforming in the marketplace since they were introduced in 2006, and in an interview with The Detroit Free Press, Chrysler's executive vice pres Frank Klegon reveals exactly what's going to happen to this company's midsize sedans in the future. Chrysler is readying a mid-cycle fix for the Sebring/Avenger that will... Article added: 2008-04-17 07:39:40 Article Views Rating: 189
Chrysler's $2.99 gas card promo pretty worthless, for now Oh well. Those Chrysler "Let's Refuel America" gas cards undoubtedly sounded good to car buyers over the summer when gas was well over four bucks and it seemed like there was no limit to how high the price could go. Offered in lieu of rebates, the gas cards essentially locked drivers into the then-cheap pump price of $2.99/gallon. Now, several months and countless hysterical media reports later, the economy is in the tank and so, as it happens, is the price of gas. In what feels like a time warp... Article added: 2008-11-25 07:57:34 Article Views Rating: 111 |
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