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Chrysler, UAW Formally Open Auto Talks

With handshakes and smiles, negotiators from Chrysler Group and the United Auto Workers formally began contract talks today that many consider to be crucial to the survival of Detroit's three automakers, according to the Associated Press.

In reality, talks between the UAW, Chrysler, Ford Motor Co. and General Motors Corp. have been under way for months because there are so many issues to address.

Officials of all three have said they need labor cost parity with their Japanese rivals, mainly Toyota Motor Corp. and Honda Motor Co. Studies have shown the Detroit automakers make around $2,000 less per vehicle than their competition, with much of that due to labor costs.

Posted by   at 9:43 AM to Chrysler | Permalink

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