Chrysler-UAW deal brightens Ford prospects

Oct 11, 2007 | 02:41 PM | Philip Burgert

The chances appear to be rising that all three Detroit-based automakers will reach labor deals without suffering any significant strike action, with Chrysler LLC tipping the odds after reaching a tentative agreement with the United Auto Workers (UAW) union late Wednesday.

The tentative accord, which ended a seven-hour work stoppage, leaves Ford Motor Co. as the only major U.S. automaker yet to settle a new labor deal.

Ford's position will be strengthened by the quick resolutions at Chrysler and General Motors Corp., which reached a deal with the UAW after a two-day strike late last month, analysts said.....

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