With the White House set to announce more financial aid for General Motors and Chrysler on Monday, the Obama administration’s automotive task force met yesterday, and GM chief executive G. Richard Wagoner Jr. visited with officials. On Thursday, President Obama said that the administration’s aid package would require the companies to make “painful” and...
Posts Tagged ‘ Chrysler ’
Will Chrysler close the doors in March ?
The talk in Auburn Hills is the closure of Chrysler, after posting 53% drop in sales for last month, the chances of Chrysler living past March 2009 is very bleak. Many analysts also predicted that the Detroit 3 will become Detroit 2 very soon. For the health of the industry the new Govt might...
