Chrysler says it will close all 30 of its manufacturing plants for a month starting Friday. Chrysler says the decrease in demand requires a slowdown in production. Crysler also says tight credit markets are keepign buyers away from its showroom.s
In a statement Wednesday, Chrysler said tighter credit markets are keeping would-be buyers away from its showrooms. The company said its dealers are unable to close sales for buyers due to a lack of financing, and estimate that 20 to 25 percent of their volume has been lost due to the credit situation. Sales in November slid 47.1 percent.
