Chrysler shuts plants

Dec 18 - Facing a credit crisis and dwindling sales, Chrysler announced it would shut down all manufacturing operations from Dec. 19 for at least a month.

The announcement from Chrysler, considered the weakest of the U.S. automakers, came in a letter to employees, suppliers and the United Auto Workers union, as Detroit's Big Three look to shore up cash ahead of a possible White House bailout.

Dan Sloan reports.



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