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  • Drew Dowdell
    Drew Dowdell

    UAW Approves New Contract With FCA

      ...finalizing negotiations with the big 2.5...

    The United Auto Workers membership has ratified the new four-year agreement with FCA.  The agreement covers 47,000 employees at FCA's manufacturing facilities and parts distribution centers. FCA will expand manufacturing in the US including a new assembly line in Detroit that will produce two new Jeep models as well as the next generation Jeep Grand Cherokee as well a some electrified models.

    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.

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    • By William Maley
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      Source: FCA
      Press Release is on Page 2


      STELLANTIS: The Name of the New Group Resulting From the Merger of FCA and Groupe PSA
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