Crisis Remains Urgent for Automakers as Chrysler Temporarily Closes Plants
The White House described the condition of the country's carmakers today as "fragile," as negotiators struggled to hammer out a possible financial bailout package before the auto giants collapse.
Pressure grew for a deal as Chrysler announced Wednesday it will close all 30 of its manufacturing facilities in North America until Jan. 19. Chrysler's move to conserve cash will suspend production of its cars and trucks for the greater part of the month, affecting about 46,000 members of the United... Full Story
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