UAW, FCA reach proposed tentative agreement; company to add $4.5 billion in US investment
https://eu.freep.com/story/money/car...al/4302470002/The UAW and Fiat Chrysler Automobiles have reached a proposed tentative agreement that adds nearly 8,000 jobs over the life of the deal. The agreement potentially starts the last lap of months of union and automaker contract wrangling.
The announcement of an agreement came Saturday morning following meetings at FCA's Conner Center in Detroit, formerly the production plant for the Dodge Viper.
The proposal now goes to the UAW FCA National Council, where local union leaders are scheduled to meet Wednesday to decide whether to recommend it to the membership. If they do, the proposal would then face a ratification vote by the approximately 47,200 FCA workers represented by the UAW.
Details of the deal were not released, other than the union saying, "In addition to the $4.5 billion in major investments previously announced, negotiators secured an additional $4.5 billion for a total of $9 billion of investments adding 7,900 jobs during the contract period.” Sources said Friday that workers were in line for $9,000 ratification bonuses.