Chrysler earned a net income of $212 million during the third quarter of 2011. That figure marks a significant improvement over the same period last year, when the company posted a net loss of $84 million. Chrysler notes that its modified operating profit more than doubled compared to the third quarter of last year. Funk Flex Find Flex On Google+
Auto Talk: Chrysler CEO: 2-tier Wage Structure With UAW Not Viable Over Long Run
Chrysler Group CEO Sergio Marchionne said today the automaker’s two-tier wage structure with the UAW is not viable over the long run and said Chrysler will work to end the pay practice in the next round of contract talks in 2015. Funk Flex Find Flex On Google+
Chrysler Posts $212 Million Quarterly Profit
Chrysler Group, helped by new models and higher sales, swung to a third quarter net profit of $212 million, compared with a net loss of $84 million a year earlier. Hit the jump to read the rest of the story. @WiL
UAW Declares Chrysler Contract Ratified Despite Split Vote
The UAW said its executive board voted today to ratify a new labor contract with Chrysler despite divided support for the deal between skilled trades and production workers. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+
Auto Talk: More Large UAW Locals Vote For Chrysler Contract
Workers at more of Chrysler Group’s largest plants have voted to approve a tentative four-year labor contract between the company and the UAW, paving the way for ratification this week of the last Detroit 3 labor contract to be negotiated this year. Hit the jump to read the rest of the story. @WiL
Auto Talk: Chrysler signs on as Official Car of the NFL… in the UK?
Football is big the the UK, but when the Brits talk about football, they’re referring to what we call soccer. Even so, American football has its fans in Great Britain, and not just when Peter Griffin got traded from the New England Patriots to the London Silly-Nannies or when the Marines stationed at our embassy get the night off to watch the big game. Funk Flex
