The Traderszone Network

Published in TZ Latest News 15 September, 2015 by The TZ Newswire Staff

UAW, Fiat Chrysler reach tentative labor pact

Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) and the United Auto Workers union reached a tentative agreement for a new labor contract for the company’s 40,000 unionized workers in the United States, the union and the company said Tuesday evening. UAW President Dennis Williams and FCA Chief Executive Officer Sergio Marchionne scheduled a press conference in Detroit at 7:15 p.m. EDT (2315 GMT) to discuss the agreement. The deal will now go to FCA unionized workers for ratification.