Chrysler Chief Calls Pay Pact Revolutionary
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Saying heâs not concerned by the level of opposition to Chryslerâs new two-tier wage system, the companyâs new chief executive called the contract âa major step forward.â
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Chrysler, with a new owner and a new boss, is placing a big bet on a fledgling Chinese automaker.
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Chrysler LLC has a "realistic" business plan in place and "hopes to avoid" future buyouts or other downsizing due to U.S. economic woes, the company's president said on Tuesday.
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The clash over a controversial new labor contract at Chrysler has moved to the factory floor in suburban Michigan, where union officials fanned out this week trying to persuade their members to vote yes.
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Chrysler Group Chief Executive Tom LaSorda has told employees of the struggling automaker that it might take months before questions about a possible sale of the unit of DaimlerChrysler AG  could be answered.
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Chrysler LLC is offering buyouts of up to $100,000 to an unidentified number of hourly workers at 12 of its Detroit-area facilities, a spokeswoman said on Monday.
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United Auto Workers members passed a four-year contract agreement with Chrysler today despite significant dissent from some workers.
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WOLFSBURG: Volkswagen challenged its workers with a tough wage plan yesterday ahead of talks seen as a gauge of their readiness to favour job security over pay rises, a swap that could make Europe&#39;s biggest economy more competitive.
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Robert L. Nardelli, Chryslerâs new chief who earlier ran Home Depot, spoke about the auto industry in a way that suggested he was still in a home-improvement state of mind.
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Chrysler Group (DCXGn.DE) Chief  Executive Tom LaSorda said on Thursday the automaker is  considering offering employee discounts to all U.S. consumers  this summer.
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DaimlerChrysler AG Chief Executive Dieter Zetsche said Tuesday he is confident the plan to re-energize Chrysler will work, but reiterated that all options were still open for the unprofitable U.S. division.
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Car makers are embracing fuel-efficient vehicles and bringing a new perspective to energy challenges, the chairman of the firm that bought an 80 percent stake in Chrysler said Wednesday.
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PARK CITY, Utah  - The head of the Motion Picture Association of America said on Saturday a recent labor contract between major studios and film and TV directors offers a template for deals with striking writers and other guilds.
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DETROIT -- The United Auto Workers will not give the same health care concessions to DaimlerChrysler AG's Chrysler Group that it gave to General Motors Corp. and Ford Motor Co., the union's president said Thursday.
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Workers represented by the United Auto  Workers ratified a four-year contract with automaker Chrysler  LLC, the union said on Saturday, capping a close-fought battle  that had threatened to scuttle the labor pact.
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The11th-hour wage concession deal struck between Delta Air Lines Inc. and its powerful pilots union meets the $1 billion mark sought by management, through a combination of wage and benefit cuts plus new work rules that will increase productivity.
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Four Chrysler LLC plants in the Detroit area voted to approve a proposed four-year contract for workers represented by the United Auto Workers union, boosting the chance that the contested labor pact will be ratified this week.