Wild Ass Rumor of the Day: Chrysler Meltdown Begins
July 22nd, 2008 10:51 PM
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A few weeks back, we told you that some of Chrysler's component manufacturers have been running their plants full bore, even canceling holidays to meet Chrysler's production demands. They've even had to ship parts in cardboard because they didn't have enough of the usual plastic packaging. Now we've learned Chrysler has called a hard stop, throwing suppliers into a tailspin as they halt production lines that were running beyond capacity last week to keep up with orders. Plant managers are scrambling to determine new production levels so they can get lay-offs started as quickly as possible. Is this the beginning of the Chrysler meltdown? We'll keep you up on what's going on as we find out more.
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The last two surprises from any Chrysler sleeve that I can think of are the LH sedans and the Ram. Not gonna do it.
What would Tony Soprano do?
Makes perfect sense! What supplier want's to put more on the bill "to be paid later," from a company working with a trustee? Chrysler has to make cars to get out of the hole. Does eveyone think that these companies just curl up in the fetal position and hope for the best? SHeeesh!