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Chrysler sale talks seen going on and on

The negotiations over the possible sale of the Chrysler Group are likely to drag on for several more weeks, despite some brave talk by DaimlerChrysler executives of making some kind of a decision by the end of the month, according to thecarconnection.com.
For one thing, it is now apparent that any deal will require at least some semblance of approval from both the United Auto Workers and the Canadian Auto Workers, which are both showing increasing signs of resistance to any deal that turns the company over to a private equity group, the Web site said.

Posted by   at 10:46 AM to Companies | Permalink

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