Fiat to Chrysler - cut costs or we walk

[Scott]

An interesting read mostly about the Canadian side of the border.  The CAW (an offshoot of the UAW, after a war not unlike the FISA-FOCA wars) will not budge from their initial offer of reducing labour costs from $74/hr down by $7.25/hr - while in the U.S. the Chrysler workers cost about $55/hr (yes all the same dollars - US). 

That's right, you read it here, the CAW could well cost Chrysler its' life. 

http://business.theglobeandmail.com/servlet/story/RTGAM.20090414.wrfiat15/BNStory/Business/home