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Chrysler execs won’t get pay raise
CHRYSLER EXECS WON’T GET PAY RAISE
07/27/2011
Quote:
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Sergio Marchionne says he’s not going to make the mistake Daimler made when it took over Chrysler and imposed its culture on the company. He says Chrysler is going to retain its American culture. But he also says Chrysler executives are not going to get big pay raises now, even though it’s no longer under government pay restrictions that froze salaries in 2009. Smart move. As Chrysler goes into UAW negotiations that takes one bargaining chip away from the union. Marchionne also says they will not make Jeep Wranglers in China. He says to stay true to its brand image, the iconic Jeep will only be made in America.
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Rick
Nitro Year: 2007 (1 of 113,000 sold)
Nitro Model: R/T 4X4 Stone White
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