TORONTO - Workers at Chrysler Canada have accepted a labour concession deal that their union reached with the beleaguered automaker.
The deal was approved by 87 per cent of those who voted.
CAW president Ken Lewenza says high acceptance vote is a recognition that everyone involved in the auto industry has an interest in maintaining good jobs.
The deal finalized Friday will save Chrysler about $240 million a year.
The deal doesn't cut base wages or pensions -- the savings are achieved in areas like increased productivity.
Chrysler said it needed to drastically reduce its labour costs in order to put a viable restructuring plan forward.
It has to come up with such a plan to get bailout loans from the federal and Ontario governments.
Chrysler Canada employs about 10,000 hourly workers and 1,000 white collar employees at its Ontario facilities in Windsor, Brampton and Toronto.
