Posted under Business on Monday, 22 December 2008 by Admin
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 disliked by the Congressional Republicans who...
Posted under Business on Thursday, 18 December 2008 by Admin
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 of one month starting from the coming Friday.
The...