The '61-'71 Dodge Sweptline Truck Forum #22

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Subject:		Re: I knew this was coming!!
Name:		MoparNorm
Date Posted:		Nov 1, 07 - 11:03 PM
IP Address:		71.119.187.197
Email:		moparnorm@hotmail.com
Message:		They announced this last month, even before the current negotiations started, saying that up to 11,000 jobs would be cut. If you read the accompanying article at Allpar, it explains that many plants have been running 3 shifts, 24/7 on models that are not selling. That is why they have such ridiculously high inventories and very high rebates to sell the vehicles. By building only what they sell, they can cut their overhead while reducing incentives. Something they should have been doing for the last 5 years. Nardelli did note that the third shift would be re-instated if sales of the newly re-designed vehicles pick back up. Interest rates dropped yesterday so that might help sales also. Sales were off by 9% last month, mainly at Jeep and Dodge Truck. Surprisingly Dodge and Chrysler car sales are up markedly. And the good news is that the PT is not being scraped, only the PT convertible.
Replies:
Re: Re: I knew this was coming!! by dodged200 · Nov 2, 07 - 11:21 AM Re: Re: Re: I knew this was coming!! by MoparNorm · Nov 2, 07 - 12:32 PM Re: I knew this was coming!! by FrankyB · Nov 2, 07 - 11:48 AM Re: Re: I knew this was coming!! by DB69 · Nov 2, 07 - 2:59 PM Re: Re: Re: I knew this was coming!! by MoparNorm · Nov 2, 07 - 3:05 PM

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