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Chrysler delays plans for new $600M engine plant

RP news wires, Noria Corporation

A decision on whether to invest $600 million for a new Chrysler engine plant near Kenosha, Wis., has been delayed until January. DaimlerChrysler AG had been expected to announce its decision by the end of the year.

The automaker is in the midst of assessing the operation of its Chrysler Group division after that unit reported a loss of $1.5 billion in the third quarter.

Read this important business development article from the Milwaukee Journal Sentinel newspaper by clicking on the link below:

http://www.jsonline.com/story/index.aspx?id=541933

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