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Author: tenshuma Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 625  
Subject: Re: Daimler's Bump in the Road Date: 10/20/2006 7:33 PM
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And more bumpiness:

Chrysler has revealed plans to cut the price of every car it sells in the US by $1,000 (£531), as it aims to boost sales and turn itself around.

The news comes a month after the firm, the US unit of German-American group DaimlerChrysler, admitted there was a glut of vehicles on its forecourts.

Chrysler said the price reduction was part of its wider restructuring work, but denied reports of plant closures.

The firm has already said there will be some temporary factory shutdowns.


http://tinyurl.com/tysx6

-T
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