10.14.2008

Union to Oppose Talk of Merger

According to UWA President, Ron Gettlefinger , if the merger were to happen that would mean more job losses. And that wouldn't be a good shape for the union workers. For some the merger would be a total catastrophe. The top leader for GM Europe, Franz Klaus, was saying that a merger would only increase GM's problems and that Chrysler, whose majority owner is the private equity firm Cerberus, has nothing that GM needs.
“Combining two people with bad feet does not create a marathon runner,” Franz said. “And with Cerberus there would be a third sick person on board.”

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