Executive says Chrysler expects limited layoffs in Kokomo

Richard Chow-Wah told The Indianapolis Star that the layoffs in Kokomo will be proportional to volume reductions for Chrysler. If sales fall 10 percent, the same percentage would be laid off in Kokomo.

Chrysler employs about 5,000 autoworkers at its transmission complex in Kokomo, located about 50 miles north of Indianapolis.

Chow-Wah was the keynote speaker at Indianapolis' 10th annual TechPoint Summit.

Chrysler sales are on pace this year to sell about 16 million vehicles, down nearly 3 percent from last year.

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Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: Anonymous on Nov 10, 2007 at 02:12 PM
kick out the unions and the price of cars will go down well should and people can aford them !

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