Chrysler Deal in Question as Several Locals Vote No
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Workers at all four big assembly plants where voting has taken place have rejected the contract, but the agreement still has a good chance of ratification.
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The company said the decision was a &quot;major step&quot; towards implementing its controversial rescue plan. Major shareholders are opposing the deal, which hands control of
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By C. Eugene Emery Jr.; Journal Staff Writer  Selectmen oppose a state proposal that would let Verizon compete with Comcast without first negotiating with the town.
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At least four private equity groups  have been in preliminary talks with DaimlerChrysler AG  (DCXGn.DE) about buying Chrysler, the Financial Times reported  on Friday on its website.
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The board of DaimlerChrysler said it had approved an alliance of its Chrysler Group unit and the Chery Automobile Company of China aimed at the market for smaller cars. Under the deal, which would not include an equity investment, Chery would build vehicles under Chryslerâs brand names for sale in the United States and Europe, DaimlerChrysler said. Chrysler reached its deal with Chery at the end of December.
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DaimlerChrysler's DCXGn.DE Chrysler   Group has decided against a cooperation deal with German car   maker Volkswagen VOWG.DE to produce a new sub-compact car, a   German magazine said on Saturday.
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Chrysler LLC said on Monday it is offering buyouts of up to $100,000 each to an unidentified number of hourly workers at 12 of its Detroit-area facilities as part of its November plan to eliminate up to 10,000 unionized jobs.
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A vote by members of the United Auto  Workers (UAW) union on wage and benefit cuts at bankrupt car  parts maker Delphi Corp.  saw strong support from  several locals, but met stiff opposition at one New York unit.
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Approval of the tentative labor contract between the United Auto Workers union and Chrysler LLC looked uncertain on Monday as factories representing almost a quarter of the automaker's workers have rejected the deal so far.
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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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The tentative agreement between Chrysler and the U.A.W. appears headed for approval, after four union locals in the Detroit area voted in favor of the contract.
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NEW YORK/DETROIT  - General Motors Corp.  is in preliminary talks to buy Chrysler, a source familiar with the situation said on Friday.
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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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STERLING HEIGHTS, Mich. -- The United Auto Workers and Chrysler LLC got a big boost from some Detroit-area plants that voted in favor of a new labor contract, but the road to ratification is still a bumpy one with thousands more workers scheduled to cast ballots in the next few days.
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German-US auto giant DaimlerChrysler has refused to rule out a possible sale of its loss-making US subsidiary Chrysler.
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A tentative Chrysler-U.A.W. agreement appears headed for approval after four union locals voted in favor of it.
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American Chrysler is not a basket case, despite all the news. Too bad that may not stop its dismemberment.