Late last night, Chrysler announced that UAW (United Auto Workers) members approved a cost-saving deal.
"We are thankful to the Chrysler UAW members for their support in ratifying this contract, especially during these challenging times," said Tom LaSorda, Vice Chairman and President
in a prepared statement. "This was a necessary step as we move forward in revitalizing this great Company. Today's vote enables us to continue our work to meet the conditions laid out by the U. S. Treasury Department. The entire Chrysler leadership team believes in and appreciates the men and women that make up our great workforce worldwide."