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Economy: Auto Industry / Chrysler #942249

CBS Evening News for Thursday, Apr 30, 2009
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(Studio: Katie Couric) Bankruptcy for the Chrysler auto company and the ouster of CEO Robert Nardelli† noted. NOTE: Local weather bulletin on screen.

(Studio: Anthony Mason) Chrysler’s restructuring plan featured; details given about pay cuts, layoffs and shutdowns and the alliance with Fiat. [President OBAMA – says it is a step on Chrysler’s path to revival.] [In Kokomo, Indiana, Chrysler employee Brad ICE†- reacts.] [J.D. Power and Associates Gary DILTS†- says it’s critical that Chrysler and General Motors get a clear direction; comments on union ownership.] [Auto analyst Rebecca LINDLAND†- notes the assumption that Americans will embrace Fiat products is dangerous.] The fate of Chrysler dealers discussed.

Reporter(s):
Couric, Katie;
Mason, Anthony
Duration:
00:03:30

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