Fiat Chrysler, auto union reach tentative deal on contract
DETROIT -- The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract, which includes a total of $9 billion in investments but still needs final approval from workers.
Both sides declined to offer details on the deal, but it includes a $9,000 bonus for workers when the agreement is ratified, a promise not to close any factories where vehicles are assembled for the next four years, and a commitment to keep making vehicles at a plant in Belvidere, Illinois, according to a person briefed on the matter. The person spoke on condition of anonymity because the talks are confidential.
The UAW-FCA national council will meet Dec. 4 to go over the details of the tentative deal. If adopted, it would go to Fiat Chrysler Automobiles’ 47,000 union workers, and a vote by hourly and salary workers could begin on Dec. 6.
Fiat Chrysler is the last company to settle on a new contract with the union. GM settled Oct. 31 after a bitter 40-day strike that paralyzed the company’s U.S. factories, but Ford reached a deal quickly and settled in mid-November.
Read more: https://www.myrtlebeachonline.com/news/business/national-business/article237915969.html
