Chrysler Workers Walk Out

Second strike in two weeks for UAW, as talks with new owners miss deadline
By Jonas Oransky,  Newser Staff
Posted Oct 10, 2007 10:30 AM CDT
Chrysler vehicles are loaded aboard a hauler at the Jefferson North Assembly plant in Detroit, Monday, Oct. 8, 2007. The United Auto Workers has set a deadline of 11 a.m. Wednesday to reach a contract...   (Associated Press)
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(Newser) – United Auto Workers told its 49,000 Chrysler employees to walk off the job at 11 this morning after 24 hours of continuous negotiations failed to yield a contract. The action marks the second UAW strike against an automaker in 20 days. An expert estimated Chrysler will lose production on 3,000 vehicles per day; after 72 hours, that number could rise to 6,400 vehicles, the Detroit Free Press reports.

Chrysler is seeking a better retiree health trust than GM levied, reports the Wall Street Journal, and the two parties are still at odds over Chrysler's desire to unload its parts arm and transportation operations. Chrysler has overstocks on most models, but the strike could hurt sales of the popular Jeep Wrangler and an unlaunched minivan.