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Wednesday, October 10, 2007

Chrysler gets GMed by UAW.

Chrysler Corp. workers have taken a page from General Motors and gone on strike, the first in so long for the automaker.

While GM could have withstood its UAW strike last month -- considering its considerable wealth --, the question has to be asked whether Chrysler can do the same or if the auto company faces financial ruin, if the strikes lasts long.

Update: Maybe Chrysler read my blog post here, but the company made sure the strike did NOT last long!

Stay tuned for latest developments.

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