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UAW-Fiat labor deal in jeopardy

Sep. 30, 2015 11:32 AM ETStellantis N.V. (STLA) StockF, GM, STLABy: Clark Schultz, SA News Editor45 Comments
  • UAW workers at Fiat Chrysler Automobiles (NYSE:FCAU) appear likely to reject the new four-year agreement hashed out with labor reps earlier this month.
  • Sources tell The Detroit Free Press that the voting came in strongly against ratifying the deal at key plants in Toledo and Sterling Heights. Not all the separate UAW votes have been counted yet.
  • If the UAW goes back to the negotiating table with Fiat, it will push talks with Ford (NYSE:F) and GM (NYSE:GM) further down the calendar.

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