Plant closure and effective build date
According to the bankruptcy filings and the statements made by the lawyer representing Chrysler, factories have been 100% idled as of this morning. They are not working on any vehicles. 100% shutdown. Unless your truck was complete as of last night, it won't move forward for 30 - 60 days. Here's some info to back that up:
"Corinne Ball, a lawyer for Jones Day who represents Chrysler, said during the company's first court hearing that the automaker had idled its plants. Chrysler said on Thursday that it planned to do so and that it would keep them closed for the 30 to 60 days it has planned for its restructuring."
and
""We idled all our plants -- our workers, network, supply chain -- they're all waiting on us to start up again," she said."
Additionally, regarding asset sales, almost all assets are being sold to Fiat. So, most Chrysler factories will keep producing Chrysler products, but some will be sold off due to excess capacity.
"At a hearing Friday in Manhattan bankruptcy court, Chrysler attorney Corinne Ball said the company will also file its motion to sell substantially all of its assets to Italian automaker Fiat Group SpA before Saturday morning." (it sounds like Fiat will be the majority owner, not the government."
"Corinne Ball, a lawyer for Jones Day who represents Chrysler, said during the company's first court hearing that the automaker had idled its plants. Chrysler said on Thursday that it planned to do so and that it would keep them closed for the 30 to 60 days it has planned for its restructuring."
and
""We idled all our plants -- our workers, network, supply chain -- they're all waiting on us to start up again," she said."
Additionally, regarding asset sales, almost all assets are being sold to Fiat. So, most Chrysler factories will keep producing Chrysler products, but some will be sold off due to excess capacity.
"At a hearing Friday in Manhattan bankruptcy court, Chrysler attorney Corinne Ball said the company will also file its motion to sell substantially all of its assets to Italian automaker Fiat Group SpA before Saturday morning." (it sounds like Fiat will be the majority owner, not the government."
Last edited by Sobomaster; May 1, 2009 at 02:55 PM.
Interesting.....
I just got the call from my dealer (salesman) who told me THE SAME thing, the status moved to F, which is I guess paint. It did that this morning around 11 am. He believes that it might still roll out of the factory before they close it done.
How do you know that they are going to stay open until Monday. Monday May 4th was the day when my truck was scheduled to roll out of the factory.
I'm facing two options, one is to cancel this deal and be without a truck until all settles down, the other one is to wait. I don't like waiting.
I just got the call from my dealer (salesman) who told me THE SAME thing, the status moved to F, which is I guess paint. It did that this morning around 11 am. He believes that it might still roll out of the factory before they close it done.
How do you know that they are going to stay open until Monday. Monday May 4th was the day when my truck was scheduled to roll out of the factory.
I'm facing two options, one is to cancel this deal and be without a truck until all settles down, the other one is to wait. I don't like waiting.
I think there are alot of people saying things that are not 100% true. The only way we will really know is for it to all play out over the next 4-5 days.
Either way I am covered since I have found a couple trucks in stock "around the area" that will work. Around the area means 1000 mile radius. Of course those dealers would have to take a dealer trade. That could be denied, but my dealer has a lot to choose from.
I believe the work was completed yesterday and the status may have just been updated today. Chrysler only has authorization to pay employees for hours incurred prior to today. They don't have authorization to pay factory employees who are working today. I'm fairly certain the factories are shut down.
So even if someone was working today, they won't be working come Monday....
What do you think they can just speed up the line as fast as they want anytime? It goes down the line the same speed, the only thing might happen is things that may have been a repair issue on the line may not get fixed in paint especially so give your paint job a good once over. That and metal is the only place that they can really let stuff go. But I have worked where there was part shortage but they shipped to dealer anyway because the dealers had the parts or they would hold them until and just get installed at the dealer. I worked at 2 different plants in all departments. I am not at all happy with my paint job.
Just read this in a story from the Detroit Free Press: "Ewasyshyn says the company can’t start changeovers to the 2010 models until it finishes the 2009 versions that will sit unfinished on the assembly lines for the next two months."



