On Valentine's Day, Chrysler sent a bouquet to its North American workers. Eleven thousand manufacturing jobs will be eliminated in the next 24 months -- 9,000 in the states and 2,000 in Canada -- and 2,000 white collar workers will be let go, permanently.
The SUV assembly plant in Newark, Del., will be closed. The Warren, Mich., truck plant and South St. Louis assembly plant will each lose one of their two shifts. Earlier, Ford posted the largest loss of any company in history, $12.7 billion, breaking GM's record $10.6 billion loss in 2005. http://www.humanevents.com/article.php?id=19457