From Pine View Farm

Bushonomics 1

Chrysler LLC says it will accelerate the closure of its sport utility vehicle factory in Newark because of the slowing global economy and a continuing shift toward smaller vehicles.

The Newark closure will be effective at the end of the year and affect about 1,000 jobs, the company said in a news release.

Of course, it doesn’t help that the American automobile industry is headed by idiots.


1 comment

  1. Karen

    October 23, 2008 at 7:17 am

    The conversion to smaller cars should have been started, or done, years ago. I don’t feel sorry for them. I also saw somewhere that the merger talks between GM & Chrysler are speeding up.

    With gas getting cheaper now, I’m worried that the “push” for alternatives as well as better gas mileage will stop. Only to be forced again when OPEC slows down production, to raise the cost of oil.