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Lee Iacocca, the car executive credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension and a guaranteed life-long company car due to the US automaker's bankruptcy filing two decades later. Chrysler CEO Robert...
Tags: Lee Iacocca, Chrysler, saving chrysler
Economically, wage cuts are irrelevant to the future of Chrysler and any other auto maker...Direct labour accounts for 7 per cent of total auto costs: less than capital, less than materials, less than dealer margins...Indeed, the demand flies completely...
Tags: Chrysler Canada, Saving Chrysler, Chrysler CBS, Fiat