F&I Management & Training

The rumoured merger between General Motors and Chrysler has been opposed by the American Union of Auto Workers.

Ron Gettelfinger, president of the UAW, said he was against the move because it would cost workers their jobs.

He added that he believed any reports of the merger to be "pure speculation".

Gettelfinger said the union had not had any formal discussions with either manufacturer, but that the UAW had done much to help Detroit's automakers survive with health care concessions in 2005 and a new cost-reducing contract last year.

GM has been exploring its options to counteract sales downturns, considering mergers with Ford and Chrysler and bidding for federal funding.

DATED: 16.10.08

FEED: MT