Summary
DETROIT (AP) -- It looks like scrappy little Chrysler LLC might yet escape the auctioneer's gavel.
Yesterday, the smallest U.S.-based automaker cleared two major hurdles in its quest for survival, reaching a concession agreement with the United Auto Workers and winning ratification of its cost- cutting deal with the Canadian Auto Workers.See the full content of this document
Extract
Chrysler Gets Deals with Unions
That leaves only two obstacles standing between Chrysler and up to $6 billion in additional loans from the U.S. government: A partnersh...
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