|
Posted: 3:09 PM Nov 9, 2007
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.
Reporter: The Associated Press |
|
1 Comments
Font Size:
A Chrysler manufacturing executive says the company expects limited layoffs in Kokomo next year as auto sales decrease.
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.
More Stories
| WNDU News Poll |
Most Popular Headlines
- Company: Sugarland resisted delaying Ind. concert
- Police: Ind. student had rifle in car at school
- Patient with measles visited Super Bowl Village
- Air-cargo handler fined $1M for violations
- Ind. court seeks public input on parenting rules
- Indiana expected to receive No Child Left Behind waiver
- Ind. court orders bond for baby death suspect
- Ind. GOP governor hopeful lacks enough signatures
- Santorum files for Indiana ballot despite dispute
- W. Ind. city will clean up oil-tainted property
- Elkhart community gathers to support immigrant family
31 Comments - Indiana expected to receive No Child Left Behind waiver
17 Comments - Bauer tactics unite, divide outnumbered Dems
16 Comments - Indianapolis proves to be good Super Bowl host
6 Comments - N. Ind. father files lawsuit over boobies bracelet
6 Comments - Ind. city tries another tactic to discourage crows
3 Comments
