Archive for March 13th, 2008

Auction for PTS Called Of

Thursday, March 13th, 2008

March 13, 2008: The sale of PTS has been called off because there was only one qualified bidder, according to papers filed in federal bankruptcy court on March 11.

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Chrysler to shut down corporatewide for 2 weeks

Thursday, March 13th, 2008


July shutdown will be mandatory for most employees
DETROIT — Chrysler LLC plans to shut down for two weeks this summer, according to a memo sent by CEO Bob Nardelli to employees today.
The company will take a ” two-week mandatory shutdown for the weeks of July 7 and July 14,” said Nardelli in the memo.
” As a private company, we need to think like owners and do our part to accelerate Chrysler’s recovery and transformation,” he said. …
arrow story  Published: Mar 13 2:04 pm U.S. Eastern