UAW might strike Chrysler on Wednesday

The United Auto Workers has set Wednesday as the deadline to reach an agreement with Chrysler on a new four-year contract, reports The New York Times, citing people with direct knowledge of the negotiations.

The sides were reported to be in talks over the weekend. Discussion is expected to continue today.

Chrysler employs about 6,400 in Indiana, including 4,785 at four plants in Kokomo.

The parties appear to be trying to reach an agreement quickly to prevent a repeat of what happened with General Motors. Discussions lasted nine days and ended in a two-day strike before a tentative was reached.

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