Thursday, May 28, 2009

Chrysler plant closures

Chrysler (auto company) will be closing all 30 of it's plants for one month due to the most severe downturn in U.S. auto sales in more than two decades. Americans who are affiliated with these Chrysler plants will have no source of income for the next 30 day. The Chrysler companies are doing this to preserve cash and to prevent a surplus in Chrysler cars on the car lots. I believe in order for a car compay to shine in todays economy, they need to do someting out of the ordinary, like make and produce cars that can run on water, or cars that get one hundred miles to the gallon. I feel bad that all of those people lost their jobs, but I think times will get better and the economy will get back on track within the next 2 years.

http://www.huffingtonpost.com/2008/12/17/chrysler-plant-closures-a_n_151874.html

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