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.
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.
Labels: Automobile manufacturing, Capitalism, Economic news
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