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YourPonyDied
Super Member
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Joined: 29 Oct 2007
Posts: 247
Location: Hellhole known as Johnson Controls

Posted: Fri Sep 05, 2008 1:53 am    Post subject: Chrysler hit worst by slump
· Quote

http://www.norwichbulletin.com/news/business/x997990647/Chrysler-hit-hardest-in-U-S-auto-slump

This article has people scrambling at JCI over layoffs\shift reduction, etc
From 3 people in the span of 5 mins i heard from no saturdays to 2 weeks off oct, 1 november and dec the shift is gone to 2 weeks november, 1 week off december, all these from "REAL SOURCES!"

Quote:
ROCKFORD, Ill. —

Chrysler LLC fared the worst in a dismal month for most of the major automakers in the United States.

The privately owned, Detroit-based automaker nearly fell to No. 6 in the U.S. in sales in August, selling 110,235 vehicles, down nearly 35 percent compared with August 2007.

Chrysler was the shakiest of the Detroit Three, outsold by Japanese rival Honda Motor Co. and nearly passed by Nissan Motor Co., the only major automaker to gain compared with last year.

“The industry is changing rapidly in terms of what vehicles and features customers want and the leasing and financing options available to them,” Jim Press, Chrysler vice chairman and president, said in a news release.

Chrysler, run by Rockford native Bob Nardelli, received little help from the fuel-efficient trio of vehicles built at the plant in Belvidere.

U.S. dealers sold 9,643 Dodge Calibers, Jeep Compasses and Jeep Patriots, down slightly from July and off nearly 47 percent from its August 2007 totals. Chrysler officials blamed at least part of the sales decreases to planned cutbacks in fleet sales to rental car companies and governments. That may have contributed at least to the Caliber’s decline. Industry statistics showed that more than 56 percent of the Calibers sold in the first half of the year went into fleets.

August marked the third straight month of weakening sales of the Belvidere three compared with 2007, a concern to the automaker because higher gas prices have consumers flocking to fuel-efficient vehicles.

In August, for example, Toyota’s Camry and Honda’s Accord outsold Ford’s F-series pickups, which has long been the market leader in the U.S.

Despite this shift toward fuel-efficient models, sales of the Caliber are running more than 8 percent behind 2007’s sales, and Compass sales are off 24.7 percent. Only the Patriot is showing an increase, 8.9 percent, but it’s important to note that the Patriot didn’t hit most car lots until March 2007.

Chrysler converted the Belvidere plant six months ago from a three-shift operation with more than 3,800 workers back to a two-shift plant with 2,700. Those cuts, along with cuts at Chrysler suppliers around the plant, helped push the jobless rate in Boone and Winnebago counties to 9 percent in July.

The struggles raise the possibility that the company could cut further, moving the plant back to one shift, hearkening to the final days of Dodge Neon production from 2001 to 2005.
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Funguy
Super Member
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Joined: 02 Sep 2006
Posts: 176


Posted: Fri Sep 05, 2008 8:17 am    Post subject: Re: Chrysler hit worst by slump
· Quote

YourPonyDied wrote:


This article has people scrambling at JCI over layoffs\shift reduction, etc
From 3 people in the span of 5 mins i heard from no saturdays to 2 weeks off oct, 1 november and dec the shift is gone to 2 weeks november, 1 week off december, all these from "REAL SOURCES!"




I guess that 2 weeks off in OCT. is looking more true now. I don't know about shift elimination before the 1st of the year, but I suppose stranger things have happened. I wonder if they will be offering unit 1 another buyout and retirement incentive.
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SPDguy
Valued Member
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Joined: 19 Feb 2008
Posts: 21
Location: Syncreon/TDS whatever its called now

Posted: Wed Sep 10, 2008 3:13 am    Post subject:
· Quote

we'll see when it actually happens.. everone says they get it from a good source. when i see it on paper from the uaw then ill believe it
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YourPonyDied
Super Member
User is Offline


Joined: 29 Oct 2007
Posts: 247
Location: Hellhole known as Johnson Controls

Posted: Wed Sep 10, 2008 5:17 am    Post subject:
· Quote

SPDguy wrote:
we'll see when it actually happens.. everone says they get it from a good source. when i see it on paper from the uaw then ill believe it


Also hearing from "good sources" that BAP is getting the avenger. Some rumors do become truth, some are fiction.  Sometimes i debate starting a stupid rumor and see how long it takes to get back to me. Until i see official documentation from the company, even the newspapers are not trustworthy
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