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.
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.
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. …
story Published: Mar 13 2:04 pm U.S. Eastern