Posted on May 18th, 2009 • by David Zatz
Workers at factories that are to be closed or sold have been offered early retirement. The plan covers hourly workers at Sterling Heights, Conner Avenue, St. Louis North, St. Louis South, Twinsburg Stamping, and Kenosha Engine; those whose combined age and years with the company are more than 85 years, and who are over 60 [...]
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Posted on May 14th, 2009 • by Bill Cawthon
The new Chrysler will continue benefits for its non-union, white collar employees if Fiat is allowed to buy the “good” assets of Chrysler LLC. Chrysler affirmed the commitment during a hearing today in which the retirees sought permission to form an official committee as part of the automaker’s bankruptcy proceedings. The motion to form the [...]
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Posted on November 18th, 2008 • by David Zatz
Chrysler LLC Chairman and Chief Executive Bob Nardelli read the following statement to the U.S. Senate Committee on Banking, Housing and Urban Affairs, on Nov. 18, 2008: Mr. Chairman, members of the Committee, I appreciate this opportunity to address the current economic and financial crisis, the impact it is having on the automotive industry, and [...]
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