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Thread: Warren Stamping Closed
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04-30-2009 #1
Registered User
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- Dec 2006
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- Out of the Burbs of Detroit to SoCal, then onto my ancestral homeland, the woods of Cascadia
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Warren Stamping Closed
Just announced that Warren Stamping plant closed, everyone sent home as suppliers have stopped deliveries. Friday will be the last day for all Chrysler assembly plants for 30-60 days (assuming the 363 bankrupcy is executed w/o hiccup.)
Estimated 40K Chrysler and 104K supplier employees will be laid off for the duration of proceedings.
140K people working in dealerships will most likely not be affected immediately, but a numberof Chrysler dealerships are slated to close, so figure maybe a thirdof the 140K work at sub-performing dealerships.
Michigan (11 plants), Indiana and Ohio (4 plant each) will feel greatest impact; Wisconsin, Missouri and Illionois to a lesser extent w/ 1 plant each.
Cerberus, which owns Chrysler (at least for another few minutes) also owns GMAC, so they (GMAC) will finance you're new Chrysler.
Greg Fast
(yes, the last name is spelled correctly)
1970 Camaro RS Clone
1984 el Camino
1973 MGB vintage E/Prod race car
(Soon to be an SCCA H/Prod limited prep)
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