Archive for: Chrysler

Bush’s Auto Bailout program attracting praise and criticism

Bush’s Auto Bailout program attracting praise and criticism

Automakers Chrysler and GM have been thrown a lifeline by the Bush administration. The $17.4 billion promise made by Bush to struggling automakers has won appreciation on one end and has also raised some eyebrows on the other. The idea has been...

 

Chrysler closing down all its 30 plants in order to match declining sales

The automobile manufacturing giant company Chrysler is facing a tough time as the demand for its cars continues to decline. In a recent conference the company announced that it will be shutting down all of its 30 manufacturing plants for a duration...

 
 
 
 

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