Health care

Chrysler LLC Confirms the United Auto Workers Ratification of the 2007 National Labor Agreement

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Agreement includes independent retiree health care trust; Future competitiveness heightened by constructive agreement

Auburn Hills, Mich., Oct 27, 2007 - Chrysler LLC today confirmed a new Chrysler-UAW 2007 national labor agreement, in response to the UAW's ratification results. Chrysler and the UAW reached a tentative agreement on Wednesday, October 10, after three months of bargaining.

"We are pleased that our UAW employees recognize that the new agreement meets the needs of the company and its employees by providing a framework to improve our long-term manufacturing competitiveness," said Tom LaSorda, Vice Chairman and President, Chrysler LLC.

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