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Posted by MoparNorm on Wednesday, December 17, 2008 at 21:23:51 :
In Reply to: Re: Chrysler to Close. posted by Joe Cimoch on Wednesday, December 17, 2008 at 19:19:19 :
A few hours ago, Ford joined them for a 3 week shut down.
It's the best way to lower inventories baring Chapter 11 which by the way will NOT remove the unions, Allpar has an interesting article about how Chapter 11 does not relieve the collective bargaining agreement, so they are screwed which ever way they go, the best alternative is for the President to set up an auto Czar before the liberals come in and that Czar will have the power to modify the collective bargaining agreement and cut this 95% pay for not working stupidity.
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