UAW not ready to "concede" Chrysler will be sold
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The United Auto Workers union wants to see German automaker Daimler hold on to its struggling Chrysler unit, the president of the union said on Tuesday, adding that he was "not ready to concede" a spin-off was inevitable.
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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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A major Chrysler Group retailer expects  the struggling No. 4 U.S. automaker to maintain its share of  the pickup truck market this year by offering generous  discounts in the face of tough competition.
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DaimlerChrysler  raised the prospect of parting company with its loss-making U.S. Chrysler arm on Wednesday, a move which could unwind a blockbusting 1998 merger creating the world's No. 5 car maker.
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An option allowing Fiat to sell its car  unit to General Motors came due on Monday but Fiat said it  would hold off exercising the put until the groups wrap up  talks to settle a dispute over its validity.
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Three union locals voted against a new contract, and Chrysler executives say they expect the vote to be close.
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Both General Motors and the United Auto Workers want to be seen as driving hard bargains. But each may be driving itself out of business.
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Fiat and General Motors failed to settle  a row over whether the Italian group can sell its ailing car  unit to its U.S. partner and Fiat said it could exercise the  option any time from Wednesday.
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Two Chrysler LLC plants in Indiana  voted on Tuesday to reject a proposed contract for the No. 3  U.S. automaker, marking the latest and most serious setback to  a tentative four-year deal negotiated by the United Auto  Workers union.
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United Auto Workers union members at a  major Chrysler LLC assembly plant overwhelmingly rejected a  proposed contract with the automaker, a setback for union  leadership in early voting on the four-year deal.
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Early voting on the contract between Chrysler and the U.A.W. has been mixed, raising concerns that it may not win approval from the union membership.
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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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DETROIT/FRANKFURT  - DaimlerChrysler raised the prospect on Wednesday of parting ways with its loss-making U.S. Chrysler arm, a move that could unwind a blockbuster 1998 merger creating the world's fifth-biggest car maker.
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The United Automobile Workers union and General Motors remained in opposition Tuesday night, even as the union acknowledged the need for talks to move more quickly toward a settlement.
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DaimlerChrysler  will consider a wide range of strategic options for its loss-making U.S. arm Chrysler Group, the world's fifth-biggest carmaker said in a statement on Wednesday.
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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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Talks between the United Automobile Workers and General Motors appeared close to an impasse Sunday.