Chrysler Contract Receiving Narrow Approval
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Top officials from the United Automobile Workers union are lobbying members hard for approval because a rejection would send them back to the bargaining table.
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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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Chrysler Group, the embattled U.S. unit of DaimlerChrysler AG , reported an 8 percent drop in February sales on Thursday, becoming the last of the Detroit automakers to confirm weaker results for the month.
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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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A tentative Chrysler-U.A.W. agreement appears headed for approval after four union locals voted in favor of it.
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Preliminary discussions have been held about a project that would provide Chrysler with a version of the big Chevrolet Tahoe sport utility.
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NEW YORK/DETROIT  - General Motors Corp. is in preliminary talks to buy Chrysler, the struggling U.S. arm of DaimlerChrysler AG, or to strike a strategic alliance with the rival automaker, sources familiar with the situation said on Friday.
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Chrysler executives have had to tread a fine line in expressing their reactions to the automakerâs return to American ownership.
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Automaker Chrysler LLC aims to cut its product lineup by around a half and dramatically shrink its dealership network so it can sell its three brands under one roof, the Wall Street Journal reported on Friday, citing people familiar with the plan.
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Chrysler and Nissan of Japan took the first step toward a possible broader alliance Friday, reaching agreement for Nissan to supply Chrysler with a small car to be sold in South America.
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KOKOMO, Ind. - Members of the largest of three United Auto Workers locals in Kokomo, Ind., overwhelmingly rejected a tentative contract with Chrysler LLC last night.
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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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DaimlerChrysler's (DCXGn.DE) Chrysler  Group has decided against a cooperation deal with German car  maker Volkswagen  to produce a new sub-compact car, a  German magazine said on Saturday.
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No. 5 automaker hurt by slow Mercedes sales, but Chrysler remains steady.
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DETROIT, Oct. 27 -- Members of the United Auto Workers approved a four-year contract with Chrysler on Saturday despite significant opposition, the union said.
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DaimlerChrysler is said to prefer to sell the struggling Chrysler Group in one piece, rather than let potential bidders pick and choose among its assets.
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With voting wrapping up at Chrysler, the union is about to turn its attention to Ford Motor, the last Detroit company that must reach an agreement on a new labor contract.