One week after Chrysler announced that it was re-opening seven of its plants, one truck plant is being put back on the shelf. Automotive News reports that the Fenton, MO Dodge Ram 1500 plant will close on July 10, yet the facility will still reopen on June 29.
After the July 10 re-shutdown, the plant will remain closed "contingent upon volumes." In other words, Chrysler already has 68,000 Rams sitting on dealer lots -- a 115 day supply. The Missouri plant is already scheduled for ultimate closure sometime in the third quarter, and since July 10 officially qualifies as being in the third quarter, we've got the feeling the Fenton plant isn't coming back. The 1,200 UAW workers in Fenton will receive buyout package offers and, in some cases, the opportunity to transfer to other plants.
[Source: Automotive News - Sub. Req.]