Tag Archive for 'Old CarCo'Chrysler hopes to buy one plant, sell another February 17th, 2010 by Bill Cawthon
Chrysler Group received a two-week extension from the city of Sterling Heights to complete a purchase of the Sterling Heights Assembly Plant (SHAP) from Old CarCo. The automaker had been given a deadline of February 16 to complete the purchase and qualify for $8.2 million in tax abatements but requested the extra time due to [...] Share
Chrysler negotiating to buy SHAP? February 3rd, 2010 by Bill Cawthon
Sources claim that Chrysler is negotiating with Old CarCo and the U.S. Bankruptcy Court to buy the Sterling Heights Assembly Plant. The move would save some 1,200 jobs that would otherwise have been eliminated at the end of this year. |
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