All options are open..Will the Daimler company dump Chrysler all together. With the announcement of cutting thousands of jobs,closing plants,etc but yet their stock went up.. unusual?, I dont know but what I'm reading between the lines is this.."Ok UAW either you take some strong concession's,pay a portion of your health care or we just might dump Chrysler altogether" Will they? dont think so but will the UAW call their bluff? This is real serious concern. There was a US businessman (dont remember his name) that tried to buy more shares to gain controlling interest when Daimler took control but some how this businessman was shut out with the help of the US government..Anyway I think that Daimler is laying the ground work for union concessions and Act II will follow in the coming weeks but still its a scary situation.
Another foreign company that has us by the balls.
Here's a link
http://www.iht.com/articles/2007/02/14/business/chrysler.php
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