DaimlerChrysler May Close Parts Factories
From Bloomberg News
DaimlerChrysler may close or sell as many as seven factories that make parts for Chrysler cars as it tries to narrow losses, people familiar with the plans said.
Chrysler, based in Auburn Hills, Mich., may keep plants if they become more efficient, said the people, who declined to be identified.
The closures are part of a four-year agreement with the United Auto Workers reached Monday.
From Bloomberg News
