Survival instinct: UAW backs Chrysler-Fiat partnership
(Source: Autoblog)
According to The Detroit News, the United Auto Workers is giving its blessings to a potential Chrysler-Fiat tie-up. Chrysler honcho Bob Nardelli earlier pegged the possible union as a $10 billion bonanza for Chrysler, since the Pentastar would save money on developing a range of platforms, engines, and cars. The UAW’s interest is, of course, the job savings: the partnership has been said to be worth 5,000 jobs that might otherwise be lost.
Click here to read the entire article. On a related note, here is a video of the Chrysler CEO, Bob Nardelli, making a case for this tie-up (video courtesy – You Tube):