The Traderszone Network

Published in TZ Latest News 21 October, 2015 by The TZ Newswire Staff

U.S. union voting shows support for Fiat Chrysler pact

United Auto Workers union members showed overwhelming support in early voting returns on Wednesday night for a proposed four-year labor contract with Fiat Chrysler Automobiles NV (FCAU.N) (FCHA.MI), according to local union hall websites. The UAW is expected to issue on Thursday the final results of the ratification vote on the deal, which will set the tone for upcoming negotiations with General Motors Co (GM.N) and Ford Motor Co (F.N). Large local union halls in Kokomo, Indiana, and Belvidere, Illinois, supported the deal by more than 80 percent, according to their respective websites.