DaimlerChrysler Plans to Idle 5 Plants
Responding to slow sales in the past month, the DaimlerChrysler Corporation announced today that it will be idling five of its North American assembly plants for one to two weeks in October. This action, which will result in the production 26,000 less vehicles for the 2001 model year, is intended to correct surpluses brought about by a twenty-eight percent decrease in September sales compared with last year. According to a company spokesman, approximately15,000 employees will be affected.
See "DaimlerChrysler Plans to Idle 5 Plants", Associated Press, The New York Times, October 3, 2001