An Early Christmas at Chrysler

To end the strike, the automaker boosts wages and benefits

"I've got a smile on my face this morning," declared United Auto Workers President Owen Bieber at 3 a.m. last Wednesday as he announced a tentative end to the strike by 70,000 of Chrysler's U.S. employees. The weary union leader had good reason to be pleased. In a final, 42-hour bargaining session with Chrysler officials, Bieber won increases in wages and benefits that will put the company's union workers back on a par with their counterparts at Ford and General Motors. The settlement brought an end to the concessions Chrysler's workers made to help the now thriving company get through its...

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