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Old 10-30-2008, 01:11 PM
rickaren's Avatar
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Chrysler's Canadian Industry: Upbeat

Oct. 30, 2008

No Downtime or Layoffs for Chrysler's Canadian Facilities, says CAW President

Despite the current sales downturn, no anticipated or announced downtime or shift reductions were discussed at Chrysler's Canadian facilities.

Some bright lights affecting the Canadian industry were also discussed, including the fact that Chrysler's Canadian sales volumes are holding up much better than U.S. sales, Chrysler's share of the North American minivan segment has increased this year (Chrysler's minivans are made in Canada), and the decline in the Canadian dollar has re-established a significant labour cost advantage for Canadian plants.

LINK:No Downtime or Layoffs for Chrysler's Canadian Facilities, says CAW President - MarketWatch
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