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From Times Staff and Wire Reports

Chrysler Executives Win Huge Bonuses: Top executives at Chrysler Corp. got bonuses doubling their salaries as rewards for a year that generated $3.8 billion in profits, according to a published report. The hefty bonuses for 1993 performance were doled out to 200 directors, department managers, vice presidents and above, the Detroit News reported, citing unnamed Chrysler executives. Word of the bonuses comes after Chrysler’s 65,000 union workers received record profit-sharing checks averaging $4,300. Another hundred executives just below the top level received bonuses of 75% to 85% of their annual pay, the report said.

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