Mexican Media Brands
Marchionne Cancels Trip to Paris Auto Show
Fiat Chrysler Automobiles CEO Sergio Marchionne has cancelled a planned appearance at the Paris auto show on Thursday.
#labor
Share
Fiat Chrysler Automobiles CEO Sergio Marchionne has cancelled a planned appearance at the Paris auto show on Thursday.
The company provided no reason for the last-minute change in plans. But observers suspect Marchionne wants to be on hand for contract negotiations that will begin this week with Canada’s Unifor labor union. The union represents about 9,800 workers at three factories in Ontario.
Last weekend the union ratified a contract with General Motors Co. and named FCA its next target. Unifor said it might strike the company on Oct. 10 if it fails to achieve a new four-year contract by then. The union aims to extract a commitment from FCA to commit to produce next-generation products at its Canadian facilities.
Marchionne called off a trip at this time last year to the Frankfurt auto show after the United Auto Workers union chose FCA as its strike target for contract talks.
RELATED CONTENT
-
GM, PSA Execs Rush to Build Support for Opel Sale
Top executives from General Motors Co. and PSA Group are scrambling to build support among alarmed European government and labor leaders for a plan to integrate GM’s Opel unit with PSA.
-
Grand Jury Indicts Former FCA Executive In Union Payoff Scheme
A former labor relations executive at Fiat Chrysler Automobiles NV has been charged with making more than $2.2 million in illegal payments to himself and a United Auto Workers union official in Detroit.
-
GM Offers Buyouts to 18,000 Salaried Workers
General Motors Co. is launching a new round of buyouts for about 18,000 of its 50,000 white-collar employees in North America.