Chrysler Shuts Down for One Month
This Friday, December 19th, will be the last day all of the 30 Chrysler assembly plants will be open until mid January. News came this past Wednesday that due to no bailout plan and worsening financial crisis in the automotive world Chrysler decided to take a full month off from production. Employees have been asked to not return until January 19th, 2009.
The company usually shuts down operations between December 24 and January 5 for the holidays. Closures such as this normally run two weeks. This is the first time Chrysler closes for a month. Chrysler Financial has tightened lending terms for buyers and announced it would no longer offer leases. Yikes…
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