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Chrysler first day motions approved

by Bill Cawthon on

The U.S. Bankruptcy Court has granted Chrysler “first-day” motions including approval to continue paying wages and health and welfare benefits to regular and contract employees and support its customer warranty programs.

“We accomplished a great deal today including approval of certain First-day motions, which will enable us to transition into Chapter 11 and maintain normal operations as we move forward,” said Bob Nardelli, Chrysler CEO. “Our focus now is on the next steps of this process, which we will pursue as efficiently and deliberately as possible.”

Bill Cawthon grew up in the auto industry in the 1950s. His Dad worked for Chrysler and Bill spent a number of Saturdays down on the plant floor at Dodge Main in Hamtramck. Bill is also the U.S. market correspondent for just-auto.com, a British auto industry publication, and a member of the Texas Auto Writers Association, which has named the Jeep Grand Cherokee the “SUV of Texas” several times and named the Ram 1500 as the “Truck of Texas” two years running.

Bill has owned five Plymouths (including the only 1962 “Texan”), one Dodge and one Chrysler and is still trying to figure out how to justify a Wrangler. He also has owned at least one of every 1:87 scale model of a Chrysler product. You can reach him directly at (206) 888-7324 or by using the form.

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