VitalAccurateThinking

DaimlerChrysler Job Cuts, Sale Rumor

The decline of the American auto industry continues.

Over the next three years, the company will cut its work force by 16 percent — including 11,000 hourly jobs and 2,000 salaried jobs.

The Warren Truck Plant in Michigan, which makes Dodge Ram pickups, will lose a shift this year and about 1,000 workers. An assembly plant in Delaware will lose a shift this year and be idled in 2009, and a parts plant in Ohio will be shut this December.

A shift will be reduced at a St. Louis area plant where minivans are made — a surprise to analysts who expected a cut at another St. Louis plant where Dodge Rams are made.

Goodbye Chrysler. So long Ford. See ya GM.

posted by Jim VAT @ 9:36 PM