On Brink of Extinction, Chrysler Reaches Deal With UAW

by Benjamin Domenech on 2:06 am April 27, 2009

Chrysler LLC reaches a deal with the unions, getting significant concessions that will likely delay, though certainly not avoid for good, the prospects of bankruptcy. They had until the end of the month to keep the funds coming from the US Treasury, which has already sent along more than $4.5B in taxpayer money.

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