There are rumors that the employess of Chrysler are working on a plan to buy 70% of their company from DaimlerChrysler.
The head of United Auto Workers (UAW) said the union has reviewed a proposal made by a group of Chrysler of employees to acquire a 70 pct stake in the company through an employee stock ownership plan, Detroit News reported on Saturday.
UAW president Ron Gettelfinger told WJR Radio in Detroit on Friday that the UAW has not ruled out the employees’ proposal, the newspaper reported.
Leave a Reply