Fiat Chrysler, auto union reach tentative deal on contract - News Summed Up

Fiat Chrysler, auto union reach tentative deal on contract


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. The Illinois factory west of Chicago now makes the Jeep Cherokee small SUV and employs about 3,700 union workers on two shifts. Fiat Chrysler has called the lawsuit “meritless.”ADGeneral Motors alleges that the move, which it contends cost it billions of dollars, was aimed at forcing a merger with Fiat Chrysler that was desperately sought by FCA CEO Sergio Marchionne, who died in 2018. Last month, Fiat Chrysler announced plans to merge with France’s PSA, which will create the world’s fourth-largest auto company worth $50 billion. The Fiat Chrysler talks could be complicated by an ongoing federal bribery and embezzlement investigation into some of the UAW’s leadership, which started at Fiat Chrysler.


Source: Washington Post November 30, 2019 14:51 UTC



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