Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,595 posts)
Thu Oct 22, 2015, 02:11 PM Oct 2015

With Fiat Chrysler pact approved, UAW now eyes GM and Ford

Source: Reuters

US | Thu Oct 22, 2015 1:19pm EDT

With Fiat Chrysler pact approved, UAW now eyes GM and Ford

DETROIT | BY BERNIE WOODALL

The United Auto Workers union said on Thursday that its members ratified a four-year labor contract with Fiat Chrysler Automobiles NV (FCAU.N)(FCHA.MI) by an overwhelming majority, after rejecting a previous contract proposal last month.

The new contract will be used as a basic pattern for contracts at U.S. automakers General Motors Co (GM.N) and Ford Motor Co (F.N). The UAW is expected to soon name the company with which it negotiates next.

The new contract, effective as of next Monday, provides a clearer path to top pay for so-called "second-tier" workers in a two-tier wage system established in 2007, which pays newer workers less than those hired before 2007.

Approved by a 77 percent majority, it will affect 40,000 Fiat Chrysler UAW members in the United States. GM and Ford each have about 52,700 UAW-represented workers.

[font size=1]-snip-[/font]


Read more: http://www.reuters.com/article/2015/10/22/us-autos-uaw-idUSKCN0SG1YD20151022
Latest Discussions»Issue Forums»Omaha Steve's Labor Group»With Fiat Chrysler pact a...