Chrysler might not be long for Canada.
In its continual quest to trim operations the big C is presently focused on Canada, where, in addition to a $2.3 dollar loan (we hope that's in Canadian dollars) the automaker is seeking concessions from the Canadian Auto Workers Union.
Chrysler LLC is studying how it could pull operations out of Canada if it doesn't win wage and benefit concessions from the country's auto union that are considerably larger than those given to General Motors Corp.
Chrysler officials are talking to leaders of the Canadian Auto Workers union today to see whether the union will be flexible in terms of changing its contract, said a person involved in the negotiations who asked not be named because the talks are private.
We aren't hopeful.
Chrysler Is Said to Ready for Canada Pullout on Union [Bloomberg]