The United Auto Workers’ union will own 55 per cent of Chrysler and Italy’s Fiat will eventually own 35 per cent of the carmaker after a balance sheet restructuring, with remaining stock split between ...

After late last night UAW local chiefs approved, unanimously, the labor concessions proposed by Chrysler (the cutting of cash payments to a retiree fund), rumors surfaced today that the UAW agreed to ...

TOKYO (MarketWatch) -- Under an agreement struck between the United Auto Workers union and Chrysler LLC, the union would eventually own 55% of the auto maker's stock once the company is restructured, ...

(Reuters) - The United Auto Workers will eventually own 55 percent of stock in a restructured Chrysler under a deal reached by the two, the WSJ reported on Monday. * Fiat SpA will eventually own 35 ...