	chrysler c deal leaves uncertainty for amc workers chrysler corp s billion dlr bid to takeover american motors corp amo should help bolster the small automaker s sales but it leaves the future of its employees in doubt industry analysts say it was business as usual yesterday at the american motors headquarters one day after the proposed merger was unveiled by chrysler and amc s french parent renault according to company spokesman edd snyder but amc s future to be discussed at a board meeting today would be radically different as a chrysler subsidiary than if it had continued with the state run french car group as its controlling shareholder industry analysts said the future of amc s car assembly plant in kenosha wis and its toledo ohio jeep plant would be in doubt if the overcapacity predicted in the north american auto industry by the early s comes to pass both plants are far from state of the art for car manufacturing sites and amc has a history of poor labor relations at each chrysler doesn t need that many new plants said michael luckey automotive analyst for the wall street firm shearson lehman brothers they probably will close the toledo plant and move jeep production to canada ronald glantz of montgomery securities said that at the very least the new owner of the toledo plant would be able to wring concessions from the united automobile workers union local representing jeep workers the uaw won t be able to hold them up for ransom as they have amc because during a down year chrysler will have underutilized facilities to transfer production he said analysts said they foresaw no major complications that would abort a combination which historians said would be the auto industry s biggest merger since american motors was formed in amc was in need of a financial savior because of its losses of more than mln dlrs since and pressures in france for renault to cut its backing the company had said it could not forecast consistent profitability until at the earliest in announcing the takeover agreement chrysler chairman lee iacocca cited amc s jeep division as well as its new mln dlr assembly plant at bramalea ontario and its network of dealers as the major attractions analysts reasoned that chrysler might feel moved eventually to sell off or close some of the older plants to cut overhead costs in view of the new debts and liabilities it would incur in the amc buyout reuter 
