The Traderszone Network

Published in TZ Latest News 22 October, 2015 by The TZ Newswire Staff

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

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.