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UAW to Sell Its Chrysler Stock

By KIMBERLY S. JOHNSON
,
AP
posted: 318 DAYS 11 HOURS AGO
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STERLING HEIGHTS, Michigan (May 4) - The United Auto Workers union has no intention of keeping its 55 percent stake in the new Chrysler and will sell the shares to fund a trust that will take over retiree health care costs next year, the union's president said Monday.
2009-05-05 06:49:01

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The United Auto Workers union has no intention of keeping its 55 percent stake in the new Chrysler and will sell the shares to fund a trust that will take over retiree health care costs next year, the union\'s president said Monday.