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Chrysler names desired suppliers

by David Zatz on

Chrysler has just filed a document naming 1,200 suppliers  it wants to keep working with, transferring their contracts to the new New Chrysler. It is starting to work on moving the contracts to the new company, which may be created at the end of May or start of June. More suppliers may be added soon to the list. The company will start sending out letters to the companies being named, along with when they can start getting paid.

Key future-vehicle programs are being put on hold as supplies run out, and suppliers refuse to deliver knowing they might not be paid during this period.

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