DETROIT (Oct. 11, 2007) — The United Auto Workers has negotiated a new labor contract with Chrysler L.L.C. that covers 45,000 hourly workers.
The deal will put a quick end to the strike launched at 11 a.m. Oct. 10 by the union. The UAW announced that Chrysler workers would return to their jobs on the next available shift.
"This agreement was made possible because UAW workers made it clear to Chrysler that we needed an agreement that rewards the contributions they have made to the success of this company," said UAW President Ron Gettelfinger.
The two sides agreed to establish an independent retiree health care trust, according to a statement released by Chrysler President Tom LaSorda.
Other details of the agreement were not immediately available. However, the deal is expected to follow patterns set by the UAW's new contract with General Motors Corp.