Thursday, February 15, 2007

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.

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