UPDATE 4-Fiat Chrysler, U.S. union UAW reach tentative agreement, averting strike

Thu Oct 8, 2015 1:29am EDT
 
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* UAW Chrysler Council will meet on Friday to vote on agreement

* Tentative contract was rejected by union members last week

* Talks went down to the midnight deadline (Adds reaction to tentative deal, UAW member comments, background)

By Bernie Woodall and Nick Carey

DETROIT/KOKOMO, Ind., Oct 8 (Reuters) - Fiat Chrysler Automobiles NV and the United Auto Workers said on Thursday they had reached a new tentative four-year labor agreement that averted a threatened strike of the automaker's U.S. operations.

The agreement must be ratified by a vote of Fiat Chrysler's 40,000 union workers in the United States. A previous proposed contract was rejected by rank and file UAW workers at Fiat Chrysler in voting late last month.

Carl Durham, 45, a UAW worker at Fiat Chrysler's transmission plant in Kokomo, Ind., said his support for the new contract would depend on whether it did more than the previous deal to narrow or eliminate the roughly $9-an-hour gap in pay between veteran workers and more recent hires. He said he voted against the previous agreement.

"I want to know all the details and what everyone is going to get, not a lot of ifs," he said.

Neither the union nor the company disclosed details of the new tentative pact. It's not clear whether Fiat Chrysler will spend more than it would have under the proposal it offered the UAW last month.   Continued...