Dennis Williams, UAW President is Confident that FCA members will Ratify Contract
The United Auto Workers union (UAW) has finally been successful in gaining back some of the significant concessions which were given to the Big Three of the Detroit carmakers in order to float through the financial crisis that hit in 2008 crisis.
Though the tentative agreement between FCA and the UAW has managed to earn noteworthy gains in wages but the UAW was not fully able to close the much debated pay gap between the senior workers and the new hires. The union also did not succeed in stopping
Fiat Chrysler Automobiles from shifting some of its US production to Mexico, where the labour is cheaper. The UAW president, Dennis Williams said he is convinced that the members will approve the tentative four-year deal struck between the union and FCA when it goes up for voting. Although it does not totally do away with the much debated two-tier pay system but narrows down the payment gap and also offers the workers noteworthy profit-sharing as well as bonuses.
On Friday, Dennis Williams said, "Once the membership looks at it, hears the explanation for it, I think they'll ratify it."
The tentative deal now has to be ratified by a majority of 40,000 union members which also includes 36,600 hourly employees. William said that it is likely to be completed by September 28.
New Zealand News
- Hyundai Motor Corp to create ultra-fast EV charging network E-pit in Korea
- MGE gets six-month extension for South Korea’s Inspire Entertainment Resort development project
- Price of two cheapest trims of Tesla Model 3 electric sedan increased by $500
- Genting Malaysia asks employees to accept reduced pay; executives to take leave without pay
- Tesla to design & build affordable EV in China: Tom Zhu
- Norway’s ICE car sales decline as buyers making shift to EVs
- Pursang launches Retro-inspired E-Track Motorcycle for Euro 14,449 in Netherlands
- ElectReon successfully tests dynamic wireless EV charging system on public road in Sweden
- Volvo to design special Gothenburg Green City Zone for autonomous & related technologies