Chrysler has been playing hardball with the Canadian government in an effort to secure up to $3 billion in loans, as company Vice Chairman Tom Lasorda recently threatened to leave Canada if it didn't receive the necessary loons. One supplier with only 60 employees is giving the Pentastar a sneak peak of what life will be like without its Canadian plants.
Car sales in the US are down, which is bad news for everybody in the industry, but Chrysler is among the automakers struggling most. To adjust factory production to lower demand, the Pentastar was preparing to lay off up to 5,000 workers when it cut shifts at several plants. Instead, to keep good will with the UAW while also slimming down the blue-collar payroll, the Auburn Hills, MI-based automaker is offering buyouts to union members from Jefferson North, Belvidere Assembly Plant in Illinois,