In Final Day Of Voting, Cautious Optimism That Chrysler-UAW Deal Will Pass

While voting will not be complete until the end of the day, it appears members of the United Auto Workers will ratify a new agreement with Chrysler.

Workers at key plants in Sterling Heights, Mich., Dundee, Mich. and Toledo, Ohio have all passed the tentative contract within the last day on percentages that range from 53 to 80 percent. Voting has not yet concluded at Chrysler’s truck plant in Warren, which is considered a bellwether.

Even if Warren workers reject the contract, it may still have enough support elsewhere to pass overall, according to the Detroit News.

Unlike previous negotiations with Ford and General Motors, the UAW has not made the overall voting tallies public during Chrysler voting.

The Chrysler contract has widely expected to be the most difficult to pass of the three, because workers were offered signing bonuses of only $1,750 up front, with another $1,750 due later if the company met certain financial targets.

By comparison, Ford workers received a $6,000 signing bonus and General Motors employees received a $5,000 bonus.

But Chrysler lost $254 million in the first half of 2011, per the Detroit Free Press, while GM earned a profit of $5.7 billion and Ford earned a profit of $4.9 billion.

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