Thursday, August 9, 2012

Chrysler

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The North Assembly plant, which produces Dodge Ram had been by the endof September, so Chrysler’s announcementy Wednesday provided an exacg date. The Fenton North plant is set to resumee production June 29 untilJuly 10, Chrysler said, and then will remain idled “contingen t upon volumes.” The truck segmentg has taken a particular hit as auto sales have declined. Diannq Gutierrez, a Chrysler spokeswoman, said workers at the plany will have an opportunity to transfer to otherd production sites or take part in an incentive programn forearly retirement, special early retirementf program, and/or an enhancedr voluntary termination program.
She didn’t have exactg details of the new offer but said it woulde be similar to previous offers thatincluded lump-sum cash vehicle vouchers and health-care The North Plant employe d 1,200 workers prior to recent buyoutt offers. About 640 the buyout and early retirement offers by a May 26 The North Assembly plantr was idled inearly June, but was one of seven plants wherde Chrysler production following the idling of all its plante when it filed for Chapter 11 bankruptcy April 30. After its brie f reopening, the plant was then expected to clos e fora two-week summer break the weeks of July 13 and 20.
Chrysled emerged from bankruptcy when Italian carmaker Fiat closedx a deal to takeover Chrysler’s assets. Chrysler’sd South Plant in Fenton, which assembles was idled at the end of Another 115 of its more than 350 workers had acceptef offers fromChrysler

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