When the fuck does this shit end?
* Washington to provide more temporary funds - report
* Union urges members to lobby White House
* GM cuts further 1,600 jobs
WASHINGTON, April 21 (Reuters) -
The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat (FIA.MI), and up to $5 billion through May to help General Motors Corp (GM.N) restructure outside of bankruptcy, an independent oversight report on the Treasury Department's corporate rescue fund said on Tuesday.
Separately, the United Auto Workers (UAW) union urged its members to lobby the White House by phone or email to ensure that workers and retirees are treated fairly in negotiations at both companies on new concessions, which are considered vital for the automakers' to survive.
"We need President (Barack) Obama and his auto task force to stand up for the interests of workers and retirees in these restructuring negotiations," the union said in an appeal on its Web site to members.
The UAW represents about 26,000 workers at Chrysler and 62,000 at GM
The administration's task force does not believe Chrysler can stand alone and is brokering meetings this week in Washington and Detroit to see if a deal with Fiat is possible.The administration has offered up to $6 billion to help finance the alliance that would give Chrysler access to Fiat's small car technology and the Italian automaker a platform for building light trucks and a robust network for selling its vehicles in the United States.
http://www.reuters.com/article/marketsNews/idUKN2043059020090421?rpc=44
