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02 May 2009

Hope, Change and...

...will that be cash or Chargex?
-- TORONTO -- A parts shortage resulting from Chrysler's restructuring under U.S. bankruptcy protection has forced the company's Canadian branch to shutter its assembly operations indefinitely, putting about 8,700 people out of work.

"Due to the restructuring announcement made yesterday by our parent company, Chrysler LLC, a number of suppliers have stopped shipment of parts to our manufacturing facilities," Chrysler Canada spokeswoman Mary Gauthier wrote in an email.

"This has halted operations in our Canadian assembly plants."
So... billions in taxpayer dollars... and no end in sight.

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