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Chrysler to resume
production in June



Published : Wednesday, 03 Jun 2009, 9:47 AM EDT

NEW YORK (AP) - Chrysler LLC says the majority of its plants will resume production by the end of June.

The automaker idled all of its factories almost immediately after it filed for bankruptcy protection to reduce its inventory. The company said Tuesday its May sales fell 47 percent, but inventory has fallen.

Chrysler has several plants in Ohio, including a complex that makes Jeeps in Toledo.

Chrysler says May was its best retail sales month yet this year.

Chrysler has been operating under Chapter 11 protection since April 30. Over the weekend, a bankruptcy judge in New York approved the sale of the bulk of its assets to Italian automaker Fiat Group SpA. That brings the Auburn Hills, Mich., automaker closer to emerging from bankruptcy, possibly as early as this week.

General Motors Corp. filed for bankruptcy protection Monday.

LINK:Chrysler to resume production in June
 
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