Published December 18, 2008, 12:00 AM
Chrysler extending shutdown period
Chrysler LLC is closing all 30 of its manufacturing plants for a month starting Friday as it seeks to counter the most severe downturn in U.S. auto sales in more than two decades.
DETROIT (AP) — Chrysler LLC is closing all 30 of its manufacturing plants for a month starting Friday as it seeks to counter the most severe downturn in U.S. auto sales in more than two decades.
By extending the traditional two-week holiday shutdown period, the struggling Auburn Hills, Mich.-based automaker can adjust production to slowing demand and conserve cash.
Tags: chrysler, automaker, cars, economy, shutdown
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