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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.
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.
The United Auto Workers and Fiat Chrysler Automobiles have reached a tentative labor agreement for a four-year contract the union and FCA said today.
While details were not provided, the main framework of the deal is expected to mirror that of the deals made with Ford Motor Company and General Motors. Those deals include signing bonuses of at least $9,000, no changes for healthcare, and a clearer way forward for temporary employees to become permanent status.
On December 4th, a council of the heads of UAW locals will meet and review the agreement and must approve it prior to sending it to members to ratify.
Some media reports say that negotiators secured promises of another $4.5 billion in investments on top of the previous $4.5 billion to open a new assembly plant in Detroit. Other facilities in Southeast Michigan would receive upgrades. Further, the company has promised not to close any plants, and will allocate a new product to an Illinois assembly plant.
The United Auto Workers and Fiat Chrysler Automobiles have reached a tentative labor agreement for a four-year contract the union and FCA said today.
While details were not provided, the main framework of the deal is expected to mirror that of the deals made with Ford Motor Company and General Motors. Those deals include signing bonuses of at least $9,000, no changes for healthcare, and a clearer way forward for temporary employees to become permanent status.
On December 4th, a council of the heads of UAW locals will meet and review the agreement and must approve it prior to sending it to members to ratify.
Some media reports say that negotiators secured promises of another $4.5 billion in investments on top of the previous $4.5 billion to open a new assembly plant in Detroit. Other facilities in Southeast Michigan would receive upgrades. Further, the company has promised not to close any plants, and will allocate a new product to an Illinois assembly plant.
Fiat's future is uncertain in North America as the brand struggles to find sales. Already, the Fiat 500 has been dropped from the lineup in North America, and that was one of the better sellers. The Fiat 500X is more of a crossover hatchback. It shares its platform with the fantastically more popular Jeep Renegade. Still, even in spite of its sales troubles, Fiat is releasing a refresh of the 500X Sport for 2020.
The new 500x Sport gets new front and rear fascia designs, a black roof option, dark finished headliner and pillars, new sport seating, an updated version of uConnect with a 7-inch display including navigation, Apple CarPlay, and Android Auto. A new exterior color "Rovente Red" is being added.
The 500X Sport is powered by a 1.3-liter turbocharged MultiAir III engine. The engine produces 177 horsepower and an impressive 210 lb.-ft of torque while also delivering 30 mpg highway. Fiat points out that this is the only car in the class to have AWD standard and also get 30 mpg highway.
The 2020 Fiat 500X Sport starts at $26,895 before destination charges and will be available in the first quarter of 2020.