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Fca Uaw Agreement

“We are pleased to have reached a new agreement that will allow us to continue our track record of adding well-paying UAW jobs,” Mark Stewart, Chief Operating Officer of FCA North America, said in a statement. A majority of Trenton Engine employees approved the provisional agreement by 79%. It was supported by 73% of production and 78% of Dundee Engine professionals. Overall, a majority of the Toledo Assembly Plant approved the agreement, although production workers voted against the agreement by 18 votes. A majority of employees at Detroit`s Jefferson North Assembly accepted the deal with 82 percent support, while artisans voted for it with 58 percent. The proposal comes two weeks after Ford workers ratified their agreement. The path at Ford was much easier – three days of concentrated negotiations before reaching an agreement – than the experience at General Motors, where workers remained on strike for 40 days before ratification. Salary increases and lump sum payments follow the model of Ford and GM. The highest-paid artisans and production workers would receive 3% base salary increases in the first and third year of the agreement. They would also receive a 4% lump sum bonus for the second and fourth years. Full-time lower-paid workers and temporary agency workers hired before 2007 would also receive wage increases of 3%. Temporary workers hired before 2015 would have an improved wage plan. Fiat Chrysler has pledged to invest US$4.5 billion and 1,400 new jobs under the four-year contract.