Kokomo layoffs driven by high gas prices

January 22, 2007

Approximately 130 workers at Daimler-Chrysler's transmission operations in Kokomo were laid off last week after slow sales of gas-guzzling pickup trucks and sport-utility vehicles prompted the automaker to cut production.

About 100 of the jobs were at Kokomo Transmission and 30 at Kokomo Casting, according to the Kokomo Tribune. The company employs about 6,000 in the city north of Indianapolis.

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