Fiat Chrysler
Fiat Chrysler Automobiles (FCA) and the United Auto Workers (UAW) reach a new tentative four-year labor agreement, averting a threatened strike of the automaker’s U.S. operations. The agreement must be ratified by a vote of FCA's 40,000 U.S. union workers, who rejected the previous proposal earlier this month. If ratified, the UAW intends to use the pact as a template for negotiations with General Motors Co. and Ford Motor Company.
Sources: Detroit Free Press Reuters