Chrysler says Canada union deal with GM no good
OTTAWA, March 11 |
OTTAWA, March 11 (Reuters) - The Canadian Auto Workers agreement with General Motors (GM.N) does not make enough concessions to satisfy Chrysler [CBS.UL], Chrysler LLC President and Vice Chairman Tom LaSorda said on Wednesday.
"The current agreement with GM is unacceptable and we have to break the pattern," LaSorda told the House of Commons finance committee. He said Chrysler had talks with the CAW on Wednesday morning and further discussions were planned.
He said the union agreement with GM, if applied to Chrysler, would not eliminate even half the labor cost gap Chrysler Canada has with its Asian competitors in Canada. (Reporting by Randall Palmer; Editing by Bernard Orr)
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