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Page added on February 27, 2009

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Chrysler scraps clocks in race against time

DETROIT (Reuters) – Chrysler LLC, which is seeking $5 billion in additional federal aid to survive, has lowered the thermostat, dimmed the lights and stripped the clocks from the walls of its sprawling headquarters to save cash.

The automaker’s headquarters in Auburn Hills, Michigan includes a 15-story office tower and a technical center covering 121 acres, making it the second-largest office complex in the United States, behind only the Pentagon.

To cut costs, Chrysler has removed half of the fluorescent light bulbs in overhead lighting fixtures (projected annual savings: $400,000), dropped the temperature in the building by four degrees ($70,000) and stopped clearing snow from roof-top parking decks ($310,000).

Reuters



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