Chrysler Newark Plant Closing a Year Early

Ladies and Gentlemen, we give you true tickle-down economics.

Chrysler to Cut 1,825 Jobs on Early Plant Closure, Output Trim

Chrysler’s Newark, Delaware, factory makes the Dodge Durango and Chrysler Aspen SUVs and has 1,000 workers. It was scheduled to close by the end of 2009, but it will be closing by 12/31/08 because of slumping sport-utility vehicle sales.

Chrysler declined to comment on whether the Delaware production would be shifted elsewhere.

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