History-making contracts are now being negogiated in the auto industry. Management and labor are working together for mutual survival. Playing a key role is the United Auto Workers.
Douglas A. Fraser, President of United Auto Workers, is described by Reader's Digest as the "labor leader everyone respects." He discusses the 1981 depression in the auto industry and details his experiences negotiating labor concessions that allowed Chrysler to avoid bankruptcy in the 1970s.