Chrysler LLC announced late Wednesday that it is stopping all vehicle production in the United States for at least a month.
All 30 of the carmaker’s plants will close after the last shift on Friday, and employees will not be asked to return to work before Jan. 19.
Chrysler blamed the “continued lack of consumer credit for the American car buyer” for the slow-down in sales that forced the move.
Chrysler ordinarily shuts down operations between Dec. 24 and Jan. 5 for the holidays. This closure would add roughly two weeks to that shut-down.
Chrysler would not say how many fewer vehicles would be produced because this shut-down. A total of 46,000 employees will be effected by the shut down. Those employees will be paid during the shutdown through a combination of state unemployment benefits and Chrysler contributions, but they will not receive the full amount of their working pay, a Chrysler spokesman said.
Filed under Business, News, US
Source – A Prominent Pakistan Based News Channel
As if the Mumbai attacks last month were not headache enough for the Pakistan Government and its military, a British Sunday paper has claimed that Major-General (R) Faisal Alavi, a former head of Pakistan’s special forces knew he would be killed by his own comrades because he “threatened to expose Pakistani generals who made deals with Taliban militants”.
Writing in a damning report for the daily, Carey Schofield, a British author said that Faisal Alavi was murdered last month after he threatened to “furnish all relevant proof” about the two Pakistan army generals, in a letter to a senior most general of the army. The letter can be seen on the newspaper’s website but the names of the concerned generals have been blackened to conceal the identity. The author claimed that the deceased general had given her a copy of the letter once he was sure that the military leadership was not going to respond positively to it. “Aware that he was risking his life, he gave a copy to me and asked me to publish it if he was killed,” the author wrote. She said that Alavi told her in their last meeting at an Islamabad restaurant that his letter was a waste and he feared for his life. “It hasn’t worked,” he said. “They’ll shoot me.” He was killed within four days of the meeting when he was driving through Islamabad, the report said.
Ms Schofield, whose book on the Pakistan Army is due next year, said that Alavi – the brother-in-law of VS Naipaul, the British novelist and Nobel laureate – believed his sacking from the army for “conduct unbecoming” was a “mischievous and deceitful plot” and his letter was a final attempt to have his honour restored.
“Alavi believed he had been forced out because he was openly critical of deals that senior generals had done with the Taliban. He disparaged them for their failure to fight the war on terror wholeheartedly and for allowing Taliban forces based in Pakistan to operate with impunity against the British and other Nato troops across the border in Afghanistan,” the report said. “The entire purpose of this plot by these general officers was to hide their own involvement in a matter they knew I was privy to,” he wrote in the letter. He wanted an inquiry, at which “I will furnish all relevant proof/information, which is readily available with me”.
Baghdad, Iraq — A man threw his shoes at President George W. Bush and was dragged away by security officials during the president’s farewell trip to Iraq.
The incident occurred as Bush was appearing Sunday with Iraqi Prime Minister Nouri al-Maliki.
Bush ducked and wasn’t hit by either shoe. Bush joked, saying that all he can report was that it was a size 10 shoe. then calmly took questions.
President Bush says the work in Iraq has been hard, but is necessary for U.S. security and world peace. He says he’s grateful he had the chance to return to Iraq a final time before his presidency ends.
The president is celebrating a recent U.S.-Iraq security agreement that calls for U.S. troops to withdraw by the end of 2011.