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Fiat Chrysler reports $339 million loss in Q3 2015
2015-10-30 18:26:49| Canadian Plastics Headlines
Hampered by a huge recall campaign in North America, carmaker Fiat Chrysler Automobiles NV registered a net loss of 306 million euros (US$339 million) in the third quarter 2015. The company, which is spinning off its sports car unit Ferrari,… The post Fiat Chrysler reports $339 million loss in Q3 2015 appeared first on Canadian Plastics.
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Fiat Chrysler falls to loss amid cost of recalls
2015-10-29 16:54:04| Automakers - Topix.net
Fiat Chrysler Automobiles NV said Wednesday it swung to a net loss of 306 million euros in the third quarter as it recalculated the cost of a huge recall campaign in North America. Fiat Chrysler increased by 761 million euros the estimated cost of future recalls in the United States and Canada after revising its actuarial method.
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UAW appears poised to pass new contract with Fiat Chrysler
2015-10-22 15:50:06| Automakers - Topix.net
Official vote totals aren't expected until later Thursday, but workers at several factories have overwhelmingly approved the deal in voting that ended Wednesday night. It's the second time in a month that Fiat Chrysler's 40,000 union members at 23 U.S. factories voted on a contract.
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Fiat Chrysler workers vote on new contract
2015-10-20 15:20:32| Automakers - Topix.net
Fiat Chrysler autoworkers began voting Tuesday on a new contract that would hike some worker's pay to $28 an hour. The United Auto Workers union reached the tentative deal on October 7, just minutes before 40,000 workers were set to go on strike.
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UAW leaders approve Fiat Chrysler contract
2015-10-10 11:42:13| Automakers - Topix.net
The United Auto Workers union unveiled a richer proposed contract with Fiat Chrysler on Friday, a week after angry union members voted down a previous agreement. The new agreement would gradually eliminate a much-maligned tiered pay system and bring all U.S. factory workers to the same wage over eight years.
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