#Chrysleer

UAW: We Shall Not Be Moved To Sell

Sergio Marchionne can’t wait to get his hands on the 41.5 percent of Chrysler, which are in the hands of the UAW’s VEBA trust. Once Fiat is in total control, Fiat and Chrysler could be merged, and the cash could be used to … but you know the drill from years back. Currently at stake are 3.3 percent. Fiat has a call option, but the UAW trust doesn’t want to fork the shares over.

Recent Comments

Carson D I thought that this was going to be a comparison of BFGoodrich's different truck tires.
Tassos Jong-iL North Korea is saving pokemon cards and amibos to buy GM in 10 years, we hope.
Formula m Same as Ford, withholding billions in development because they want to rearrange the furniture.
EV-Guy I would care more about the Detroit downtown core. Who else would possibly be able to occupy this space? GM bought this complex - correct? If they can't fill it, how do they find tenants that can? Is the plan to just tear it down and sell to developers?
EBFlex Demand is so high for EVs they are having to lay people off. Layoffs are the ultimate sign of an rapidly expanding market.

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UAW: We Shall Not Be Moved To Sell

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