Chrysler to shut down all production for one month
Chrysler made the announcement in a letter sent Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website.
The blanket shutdown will come as Chrysler and its larger rival, General Motors Corp, both seek to shore up cash as they seek a federal bailout they say they need to survive.
(Reporting by Kevin Krolicki; editing by Jeffrey Benkoe)