Jump to content
  • Drew Dowdell
    Drew Dowdell

    Details of the UAW - Fiat Chrysler Agreement

      ...looks roughly the same as Ford's deal...

    Details emerged Wednesday of the labor agreement between the United Auto Workers and Fiat Chrysler Automobiles.  The overall contract is similar to the one agreed to by Ford last month.

    The four year contract includes:

    • Signing bonus of $9,000 for full-time employees, $3,500 for temporary workers.
    • Full-time workers can now reach the top pay bracket in four years rather than the current eight.
    • FCA will create 7,900 jobs through 2023 which includes the 6,500 jobs already announced for a new plant in Detroit.
    • $9 Billion in U.S. manufacturing investments.
    • Dissolution of the jointly-run National Training Center, the focal point of a federal corruption investigation.
    • An increase in profit sharing from $800 per percent of N.A. profit margin to $900 per percent.
    • "In-progression" employees will now get the same healthcare as senior hourly employees.

    FCA will also offer $60,000 retirement packages to eligable workers in Belvidere Assembly, Marysville Axle, Mount Elliot, and a parts-distribution center in Wisconsin. UAW leaders from the various plants are meeting in Detroit to review the deal and decide whether to send it to the rank-and-file membership as a whole for ratification. If approved for voting, it will likely start on Friday and take a week to complete. 

    FCA is the final of the domestic auto manufacturers to complete their deal with the UAW.

    User Feedback

    Recommended Comments



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By William Maley
      Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP).
      Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. 
      FCA had already put a stop, albeit a temporary one on developing parts for the five new small cars that were destined to use this platform due to COVID-19. There will be one model that will move forward on this orphaned platform - the upcoming 500 electric for Europe.
      As for CMP, this underpins the Peugeot 208 and 2008; Opel/Vauxhall Corsa, Mokka; and the DS3 Crossback. It allows for both combustion and electric powertrains.
      Moving to CMP is another step towards FCA and PSA Group's merger to become Stellantis. It is unclear whether or not the U.S. will see any of the new models that will use CMP from FCA's brands.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP).
      Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. 
      FCA had already put a stop, albeit a temporary one on developing parts for the five new small cars that were destined to use this platform due to COVID-19. There will be one model that will move forward on this orphaned platform - the upcoming 500 electric for Europe.
      As for CMP, this underpins the Peugeot 208 and 2008; Opel/Vauxhall Corsa, Mokka; and the DS3 Crossback. It allows for both combustion and electric powertrains.
      Moving to CMP is another step towards FCA and PSA Group's merger to become Stellantis. It is unclear whether or not the U.S. will see any of the new models that will use CMP from FCA's brands.
      Source: Automotive News (Subscription Required)
    • By William Maley
      We'll excuse you if you forgot that Fiat Chrysler Automobiles and PSA Group have been working towards finalizing their merger considering the state of the world at the moment. But the two are making serious headway as they have announced the new name of the multi-national corporation that will form once the two merge. Meet Stellantis.
      Don't worry, you're not the only who is thinking "What" or thinking of some clever joke to make fun of this name. We'll let the two explain what this name means?
      Yeah, if this doesn't like something from a branding agency, we don't what does.
      We should note here that Stellantis will only be used at a corporate level, not as a individual brand for vehicles.
      Source: FCA
      Press Release is on Page 2


      STELLANTIS: The Name of the New Group Resulting From the Merger of FCA and Groupe PSA
      July 15, 2020 , Vélizy-Villacoublay, France and London - In a major step as they move toward the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) today announce that the corporate name of the new group will be STELLANTIS.
      STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars.” It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name’s Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger.
      The process of identifying the new name began soon after the Combination Agreement was announced and the senior management of both companies have been closely involved throughout, supported by Publicis Group.
      The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the STELLANTIS Group’s constituent brands will remain unchanged.
      As previously stated, completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies’ shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.

      View full article
    • By William Maley
      We'll excuse you if you forgot that Fiat Chrysler Automobiles and PSA Group have been working towards finalizing their merger considering the state of the world at the moment. But the two are making serious headway as they have announced the new name of the multi-national corporation that will form once the two merge. Meet Stellantis.
      Don't worry, you're not the only who is thinking "What" or thinking of some clever joke to make fun of this name. We'll let the two explain what this name means?
      Yeah, if this doesn't like something from a branding agency, we don't what does.
      We should note here that Stellantis will only be used at a corporate level, not as a individual brand for vehicles.
      Source: FCA
      Press Release is on Page 2


      STELLANTIS: The Name of the New Group Resulting From the Merger of FCA and Groupe PSA
      July 15, 2020 , Vélizy-Villacoublay, France and London - In a major step as they move toward the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) today announce that the corporate name of the new group will be STELLANTIS.
      STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars.” It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name’s Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger.
      The process of identifying the new name began soon after the Combination Agreement was announced and the senior management of both companies have been closely involved throughout, supported by Publicis Group.
      The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the STELLANTIS Group’s constituent brands will remain unchanged.
      As previously stated, completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies’ shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.
    • By Drew Dowdell
      Fiat Chrysler is bringing a slew of concepts to the Consumer Electronics Show in Las Vegas that all feature some sort of electrification.
      The centerpiece of their display will be the 2020 Airflow Vision concept.  While not specifically branded as a Chrysler, the Airflow Vision does take the name of a full-size Chrysler model produced from 1934 - 1937.  FCA calls it a "sculptural design concept" that envisions the next generation of premium transportation.  The interior user experience is designed to be captivating. FCA put a lot of work into showing a sophisticated appearance that can be personalized and customized to individual needs. 
      The cabin offers multiple interfaces, one behind the steering wheel, two on the center console, one for the front passenger, and two more for the rear passengers. Information can be shared between the screens by swiping.  The interior is said to be the same size as the Chrysler Pacifica Plug-in and has a flat load floor. In spite of all that room, it only has 4 seats set up in a lounge chair fashion to maximize legroom, shoulder room, and storage space for each passenger. Premium suedes and leathers, along with ambient lighting make the ride a first-class experience. 
      The exterior of the Airflow Vision has an aggressive stance with bodywork reaching almost to the ground. The wheels hint at the use of electric motors, but no powertrain information was provided.



      View full article
  • Posts

    • It may take some marketshare. It's likely to grabs a bunch of the 'look at me' vanity sales... maybe Leonardo DiCaprio will drive one to an awards show no one watches. But I doubt it'll break 100K in year 2- it just doesn't address truck buyer's needs & wants. Don't forget- that claimed $39K starting price doesn't go as fast nor tow as much, and Tesla raises prices just about MONTHLY... so a number announced going on 2 years ago now is likely going to be a good $5K more. And they're all going to be the same color. Also, the Tesla brand name doesn't carry any weight with the truck demographic. By nearly every metric, it has a steep uphill climb.
    • I get that leading in one or two metrics is meaningless, it is like those commercials that say car A has more standard horsepower than car B, meanwhile car B gets better fuel economy and has 2 option engines that car A doesn’t mention in their commercial. But the Cybertruck has a lot of good metrics, attractive price, and unique styling plus the Tesla brand name.  I think it will sell just fine, I’d be shocked if it wasn’t 100k units a year and I think they could do 200k.     I am not saying the Cybertruck will outsell the F150, but it will take a little market share from existing trucks.
    • Wow.  I didn't realize that.  It's the "reboot" of an older interior, and a very good job of it. Like that dome light on the side of the console.  I think I see a manual window crank.  If so, that's wild.
    • Terminally ill big boy:   
    • ^ You are conflating assembly point with company home country. - - - - - The infinitesimal differences in maximum rated towing or payload do not drive sales by themselves, as the major players are commonly within a few percentage points of each other. This has been patiently explained here numerous times; the 'top number' in a given criteria doesn't drive sales by itself. Ram TD has 1,075 TRQ whereas GMC/ Chevy has 910, but the Ram doesn't handily outsell its competition, thusly disproving your 'model'. Because that's exactly it- (and with trucks especially); they need to be competitive. And they are, and then truck consumers pick the BEST BALANCE of features and capabilities and personal preferences and PRICE and buy 'X'. The Tesla pickup tries to pass off uncompetitiveness in product with "re-invention", and it's just laughable. And what little actually tangible things it does offer (the front trunk, no fuel costs... I can't think of anything else) are going to be offered by a host of competitors by the time it ever gets out. Couple that with the LACK of certain features and it has an immense uphill battle for marketshare. When you ignore the vast data set of the 'Phoenix Rising' of pickups over the last 50 years and instead take a hard left turn and try to pitch it as 'This is what you really want', it just comes off as ill-prepared and unresponsive.
  • Social Stream

  • Today's Birthdays

    1. 2QuickZ's
      2QuickZ's
      (46 years old)
    2. martin01
      martin01
      (27 years old)
  • Who's Online (See full list)

    There are no registered users currently online

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...