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 Sigma Chrysler Sigma The Chrysler Sigma is a version of the Mitsubishi Galant automobile that was built by Chrysler Australia in Adelaide, South Australia from 1977. When Mitsubishi Motors Australia (MMAL) took over Chrysler Australia's manufacturing facilities in 1980, they renamed the vehicle the Mitsubishi Sigma. The range was progressively discontinued and replaced by the Mitsubishi Magna, starting with the sedan in 1985 and the wagon in 1987. Chrysler launched the GE series Sigma in October 1977 to replace the outgoing GD Galant. Assembly occurred at the Tonsley Park, Adelaide plant. The GE series Sigma was the first to introduce the