The United Auto Workers (UAW) has reached a tentative deal with Fiat-Chrysler Automobiles (FCA), the union announced Saturday.
The company confirmed the four-year agreement on Twitter, but declined to release details.
This is the last of the union’s negotiations with Big Three automakers. UAW members ratified deals with Ford and General Motors (GM). GM workers embarked on a six-week strike before approving a deal in late October.
Earlier this year, FCA announced $4.5 billion in expansion projects in Michigan. According to the UAW, negotiators secured an additional $4.5 billion, which will add 7,900 jobs during the contract period. No other detail were immediately released.
“Our UAW Bargaining Committee worked diligently, over many months, during the General Motors strike and Ford negotiations to maintain productive negotiations with FCA,” said UAW Vice President Cindy Estrada, director of the UAW-FCA Department. “The pattern bargaining strategy has been a very effective approach for the UAW and its members to negotiate economic gains around salary, benefits and job security.”
The deal come during a tumultuous time for both the UAW and FCA. In late October, Auburn Hills-based FCA announced a merger with the parent company of French automaker Peugeot. The deal would create the fourth-largest auto manufacturer in the world in terms of sales.
The UAW has been dealing with a major corruption scandal involving top officials. UAW President Gary Jones resigned this month.
This month, GM sued FCA, alleging that FCA engaged in racketeering by paying millions of dollars in bribes to UAW leaders to secure better labor contracts for FCA than GM. Detroit-based GM accused former Fiat Chrysler CEO Sergio Marchionne, who died in 2018, is accused by GM of signing off on more than $1.5 million in bribes to UAW officials. FCA denies the claims.
The UAW-FCA National Council will meet on Wednesday to decide whether to adopt the tentative agreement. If it does, the deal goes before FCA workers. The ratification process would begin Friday.