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...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!