Bloomberg, October 3, 2011, Monday

Bloomberg

October 3, 2011, Monday

Bloomberg (full article)

Marchionne Risking Chrysler Arbitration Over Labor Union Contract: Cars

Chrysler also doesn’t want to give a signing bonus as large as the $5,000-a-worker payout in the GM-UAW contract, three people familiar with the talks said. Chrysler is pushing for signing bonuses of $3,500, two of the people said.

“We and GM are completely different,” Marchionne told reporters Sept. 19 in Turin, Italy.

Marchionne is known in Europe for his tough labor stance, often clashing publicly with Italian unions, said Arthur Wheaton, a Cornell University labor expert.

“He is an extremely good negotiator,” he said.