Chrysler, CAW reach tentative contract agreement
While the agreed upon terms between the CAW and Chrysler are similar to those with the other automakers, this isn't a carbon-copy deal.
According to Automotive News, Chrysler has offered a $3,000 bonus to union members upon ratification of the deal, with $2,000 inflation bonuses coming due in the second, third and fourth years of the agreement. Significantly, however, Chrysler has made no promises to add more Canadian jobs over the term of the contract, a concession that both Ford and GM did make.
After what CAW president Ken Lewenza (pictured) calls "a tug of war," the contract needs only now be ratified to take effect. Ratification votes for the 8,000 Canadian Chrysler workers/CAW members will take place sometime in the next several days.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models