Harley Knucklead Panhead Flathead Blue Cobalt Glass Reflectors on 2040-parts.com

Chrysler, CAW reach tentative contract deal

The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.

Schumacher in coma after ski crash

RACING DRIVER Michael Schumacher is in a coma after a skiing accident in France. The seven-times Formula One champion crashed while skiing off-piste in the resort of Meribel yesterday and was airlifted to hospital. University Hospital of Grenoble spokesman Jean-Marc Grenier said the 44-year-old German had suffered a serious head injury and remains in a critical condition.

Robert Kidder, former Duracell chief, to head new Chrysler as chairman

Business consultant Robert Kidder is set to become the new chairman of Chrysler Group when it emerges from bankruptcy. Kidder, 64, will replace Bob Nardelli, who was hired in 2007 after Daimler sold Chrysler to private equity group Cerberus. A new board of directors, to be formed after bankruptcy, will hire a new CEO for Chrysler.