logo
Plus   Neg
Share
Email

Fiat Chrysler, UAW Reach Tentative Deal On New 4-yr Contract

Fiat Chrysler and the United Auto Workers union have reached a tentative deal on a new labor contract.

The UAW Bargaining Committee agreed to a deal with Fiat Chrysler to add $4.5 billion in investments, negotiators secured an additional $4.5 billion for a total of $9 billion of investments adding 7,900 jobs over the four-year period, UAW Vice President Cindy Estrada said in the statement.

Fiat Chrysler also confirmed in a statement that it has reached tentative agreement on a new four-year contract with UAW.

"Out of respect for our members, we will refrain from commenting any further or releasing full details of the agreement until the UAW-FCA Council leaders meet and review the details," said Estrada.

UAW said that the UAW-FCA National Council will meet on December 4, 2019 to go over details of the proposed Tentative Agreement. If adopted as a Tentative Agreement, it will go to all FCA hourly and salary members for a ratification vote that will begin on December 6, 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Hongkong Sun Rise Trading Ltd. has recalled about 151,400 units of Kobalt Cordless Electric chainsaws and about 106,520 units of Kobalt Cordless Electric pole saws for possible laceration hazard, according to two separate statements issued by the U.S. Consumer Product Safety Commission. These include 1,400 chainsaws and 120 pole saws sold in Canada. Branded food company Hormel Foods Corp. (HRL) announced Friday that its Hormel Black Label Breakfast Food Truck will hit the road with free sample event of the popular brand's new Hormel Black Label Oven-Baked Egg Bites. The samples come in three variants - with Bacon, with Chorizo and with Bacon and... United Airlines has rolled out an interactive online "Map Search" feature for its customers in collaboration with search giant Google. The new feature is powered by Google Flight Search Enterprise Technology. United is claimed to be the first airline in the U.S. to add this feature. The new feature, available on United.com, allows customers to easily search, compare and purchase flight tickets.
Follow RTT