Chrysler CEO's Survival Plan Saves 1,300 Jobs

The Denver Post


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September 29, 2009

DETROIT — More than 1,300 Chrysler workers will keep their jobs and continue producing the Chrysler Sebring and Dodge Avenger for another two years under a five-year survival plan unveiled by chief executive Sergio Marchionne.

Marchionne, who presented his strategy to Chrysler's board of directors Friday, wants to keep the Sterling Heights Assembly plant in Michigan open into 2012, according to two people familiar with the plan's details. The plant was originally slated to close in December 2010.

The Sebring and Avenger sedans were expected to be dropped because of poor sales.

http://www.denverpost.com/headlines/ci_13440792

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