USA: Chrysler closes factory doors to lower vehicle stock
To try to cut stocks of vehicles, Chrysler USA is set to close seven of its factories in the US and Canada for seven days. This is another sign of the pressures facing the Chrysler, the American arm of DamilerChrysler AG. Around 20,000 workers will be idled, but they will receive 95 percent of their regular pay under union contracts.
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