• Most Popular
  • Most Shared

Chrysler to idle Sterling Heights plant next week

Mon Oct 8, 2007 11:45am EDT

DETROIT, Oct 8 (Reuters) - Chrysler LLC will idle its assembly plant in Sterling Heights, Michigan, next week, sources familiar with the situation said on Monday.

Bonds

The plant, which makes the Dodge Avenger and the Chrysler Sebring, will also be idled for a week in November, one source said. Chrysler declined comment.

This week, Chrysler is idling six other assembly plants, including one in Mexico, as it responds to building inventory levels, the company said on Sunday.

The United Auto Workers union has set a Wednesday deadline for reaching a new labor agreement with the automaker and has threatened a strike if no deal is reached by then. (Reporting by Jui Chakravorty, editing by Jeffrey Benkoe)



More from Reuters

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Aurora, a 20-year-old Beluga whale, swims with her newborn calf after giving birth at the Vancouver Aquarium in Vancouver, British Columbia June 7, 2009. REUTERS/Andy Clark

365 days for the doomed

From polar bears to emperor penguins, endangered species will get top online billing in 2010 during the Year of Biodiversity.  Full Article