History of Chrysler GMAC for Chrysler, potentially merging two of Detroit's "Big Three" automakers. These talks did not come to fruition, and were discontinued the next month. On October 24, 2008, Chrysler announced a 25% cut (5,000 jobs) in its salaried and contract workforce in November 2008. Michigan Gov. Jennifer Granholm announced that she, along with 5 other governors, sent a letter to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke requesting emergency funding for the Detroit Big Three Automakers. On the same day, General Motors asked the Treasury Department of the United States for $10 billion to help restructure both
Chrysler Australia facilities, including opening a new assembly plant at Clovelly Park in 1964 and an engine foundry at Lonsdale in 1968. During this time, Chrysler Australia established its position as the third of the "Big 3" Australian motor manufacturers behind General Motors-Holden's and Ford Australia. Initially, Chrysler Australia assembled North American Chrysler passenger cars and trucks. Their most popular car in the 1950s was the US sourced badge engineered trio: Plymouth Cranbrook, Dodge Kingsway and De Soto Diplomat, each based on the 1954 US Plymouth. A coupe utility variant was also developed by Chrysler Australia and this was marketed in nine