From WFPL’s Kristin Espeland Chrysler announced Thursday that it wants to close hundreds of U.S. dealerships as part of its bankruptcy plans. The troubled automaker announced plans to close nearly 800 of its Chrysler, Dodge, and Jeep dealerships across the country. Close to 20 dealerships in Kentucky and Indiana could be affected, including several in… Continue reading Chrysler Shutdown List Includes KY, IN Franchises
U.S. Senator Jim Bunning of Kentucky says the Obama administration is getting too involved in the daily operations of General Motors and Chrysler. President Obama is giving the automakers another infusion of cash and a new deadine to come up with a more aggressive restructuring plan. Bunning says the companies should go ahead and file… Continue reading Bunning Criticizes Obama Plan For GM, Chrysler
When President Bush announced a government loan to General Motors and Chrysler last week, he called for the end of the jobs bank program, which provides benefits and partial wages for laid-off employees.