DANGER SEEN IF AUTO WORKERS GO ON STRIKE
DETROIT — The United Autoworkers Union will negotiate new contracts with each of the Big Three US auto makers this summer. ``If there is a strike, it would hurt more than a rise in the discount rate,'' says Arvid Jouppi of Keane Securities. ``It would set the industry back substantially.''
Worst of all, Mr. Jouppi says, any sales and market share lost because of a strike would be almost impossible to recover.