The president, not of Chrysler or GMC, but of the UAW Local 1268 in nearby Belvidere IL, put his spin on the transaction: "The problem is that we can't compete with workers and factories in other countries who have no human rights, no environmental standards, no safety standards."
Japan? Germany? Sweden? England? (Jags will still be built in England, even under Tata ownership.) Union bosses are so full of crap!
The economic conditions and bad decisions that have hurt the domestic manufacturers (i.e., big trucks and SUV's) are also hurting companies like Toyota. They have put Tundra production on hiatus, and are heavily discounting inventory
