UAW, Fiat Chrysler reach tentative labor contract agreement
(WorldNews Business)

The United Auto Workers and Fiat Chrysler Automobiles NV have reached a tentative labor contract agreement, the parties said Saturday. The company has committed to an additional $4.5 billion in investments over the next four years on top of $4.5 billion announced earlier this year, which in total would add 7,900 jobs, according to the UAW. Fiat Chrysler`s national council will meet Wednesday to vote to send the deal for hourly production and skilled trades employees to the 37,200 UAW-FCA members. If it does, ratification votes will begin Friday. `The pattern bargaining strategy has been a very effective approach for the UAW and its members to negotiate economic gains around salary, benefits...