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China's Chery Pact With Chrysler To Further Press UAW Over Costs - WSJ.com

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Chinese cars made by Cherry will come to the American market in 2008 priced at around $10000. UAW's refusal to extend concessions to Chrysler and Chrysler's loss of $1.5 billion in third quarter may have speeded up this deal with Cherry. From now on UAW will face additional pressure over costs as the Chinese cars enter the American market.


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