Chrysler Workers Walk Off Job

by Darren

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Apparently the UAW is in a striking mood these days. Workers at Chrysler have now walked off the job, much like their counterparts did at GM.

It would be the first UAW strike against Chrysler since 1997, when one plant was shut down for a month, and the first strike against Chrysler during contract talks since 1985. There was no immediate official word from the union or Chrysler after the late morning deadline passed on whether it was a nationwide strike.

The UAW, which must reach new four-year agreements with all three Detroit automakers, struck General Motors Corp. for two days before agreeing on a tentative pact with the automaker on Set. 26. The union hasn’t yet settled with Ford Motor Co.

Chrysler has 24 U.S. manufacturing facilities, including 10 assembly plants, but not all would be affected by a strike. The automaker had already planned to idle five assembly plants and some factories that make parts for short stretches during the next two weeks in an effort to adjust its inventory to a slowing U.S. automotive market.

If the strike is short, like it was at GM, expect no big financial damages for Chrysler. In the event of a drawn out affair, things could get costly for the automaker.

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