Fiat Gives Chrysler Workers an Ultimatum

Auto unions battle for relevance as the U.S. government's deadline for Chrysler's reorganization looms

Fiat (FIA,MI) Chief Executive Sergio Marchionne said in an interview published on Apr. 15 that unless the labor unions representing workers employed by Chrysler in the U.S. and Canada agreed to wage and work-rule concessions in the next two weeks, he will walk away from a proposed alliance between his company and the struggling U.S. automaker.

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