Chrysler shutting down for 2 weeks

552 Views 0 Replies 1 Participant Last post by toyotafanfan, Mar 13, 2008

toyotafanfan

Discussion Starter · Mar 13, 2008

This is one of the things you can do as a private company, that you'd be crucified for doing as a public company.

DETROIT (Reuters) - Chrysler LLC said on Thursday it would shut all but its most essential operations worldwide for two weeks in July, a first for the struggling No. 3 U.S. automaker as it attempts to cut costs and preserve cash.

http://www.reuters.com/article/privateEquity/idUSN1331307520080313

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