Ouch! Unhappy Holiday News from Chrysler


The Chrysler Media site just posted an announcement that the company will “idle” all manufacturing operations at the end of the day Friday, 12/19, and that “impacted employees” won’t return to work before Monday, 1/19/09. The company claims it has lost 20 to 25% of its sales volume as a result of the credit crisis. Wonder whether this news could have any impact on the bailout announcement expected Friday. Stay tuned!

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