24 September 2009

Chrysler Already Rehiring Laid-Off Workers

As reported in the Detroit Free Press, FIAT's new Chrysler division -a company that shed 35,000 jobs over the past two years and and just went through bankruptcy- is already preparing to rehire an unspecified number of salaried workers and ask current workers to put in overtime to get new models to market by mid-2011.

Chrysler and FIAT CEO Sergio Marchionne has unveiled plans to face-lift at least five Mopars by mid-2011. These include the iconic Chrysler Town & Country and Dodge Caravan minivans, as well as the Dodge Caliber compact, and Jeep Compass/Patriot crossover utility vehicles. Chrysler also will revamp its popular retro PT Cruiser.

Of course, many are curious about Marchionne's plans for just how to make the company competitive again in the midsize sedan market, a segment where Chrysler has struggled for years... but one which also represents a large percentage -more than one-fourth- of U.S. auto sales.

Reportedly the replacements for the midsize Chrysler Sebring and Dodge Avenger will have a FIAT underbody, but a completely distinctive Chrysler look...

Read more -here-

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