United Auto Workers set to ratify concessions with Chrysler

Officials in the Obama administration have been negotiating with the leaders of Chrysler, Fiat and the United Auto Workers to find a way to salvage Chrysler. A deal has been tentatively reached that gives all parties an ownership stake in the company. In the deal, the UAW would get 55% of Chrysler’s stock, but that majority stake is in return for the latest round of concessions to the U.S. auto maker and now the U.S. government. But UAW members still have to ratify what their union leaders have agreed to and some aren’t biting this time. Two UAW members who will be heading out to vote on the plan today and are stopping by The Takeaway first. Ken Mefford is an hourly worker in Chrysler’s Warren Plant in Michigan and Stephanie Ramberger is a laid-off autoworker waiting to be put back on the job.