Mexican Media Brands
UAW Could Strike FCA on Thursday
The United Auto Workers union has canceled its current contract extension with Fiat Chrysler Automobiles NV and could begin at one or more of FCA's U.S. plants as early as midnight on Oct. 7.
#labor
Share
The United Auto Workers union has canceled its current contract extension with Fiat Chrysler Automobiles NV and could begin at one or more of FCA's U.S. plants as early as midnight on Oct. 7.
The union's four-year contract with FCA expired on Sept. 14. Last weekend the 40,000 UAW workers at the company rejected a tentative new contract by a two-thirds margin.
Analysts predict the union will target a strategic parts plant, such as FCA's transmission facility in Kokomo, Ind., to bolster its bargaining power. Observers doubt the UAW will launch a companywide walkout, which would be far more costly to the union's strike fund.
RELATED CONTENT
-
Brexit Could Cut Global Car Sales by 2.8 Million Units
Great Britain’s decision to leave the European Union will trim global passenger vehicle sales by more than 2.8 million units through the end of next year, market researcher IHS Automotive predicts.
-
Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal
Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.
-
Targets of U.S. Aluminum and Steel Tariffs Declare Counter-Measures
As expected, the European Union, Canada and Mexico have announced a broad array of counter-tariffs in response to U.S. import taxes of 10% on foreign aluminum and 25% on foreign steel that went into effect at midnight.