Chrysler Cuts to Affect 8 More Plants - The fallout from Chrysler's big downsizing announcement will hit eight factories in addition to the three initially identified by the company. The eight plants, in Michigan, Ohio and Indiana, make components that go into slower-selling mid-sized sport utility vehicles, pickup trucks and other large vehicles on which Chrysler plans to cut production through 2009. The Chrysler Group, which had an operating loss of $1.475 billion in 2006 and expects to show losses through 2007, announced Wednesday that it would eliminate 13,000 positions, including 11,000 production jobs and 2,000 white-collar posts, as it seeks to cut costs and return to profitability in 2008. Of the production job cuts, 9,000 are in the U.
International Press Release Publishing for free in 15 languages across 22 countries
Press Releases

Send this page to somebody

Fill in the email address of your friend to send an email with the address.
Address info
(Required)
The e-mail address to send this link to.
(Required)
Your email address.
A comment about this link.
SUBCATEGORIES
 
 

Pressreleases by authors
A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z