Fiat Chrysler, UAW reach tentative new labor pact, both sides say

September 15, 2015 10:58 PM

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DETROIT Fiat Chrysler Automobiles and the United Auto Workers union reached a tentative agreement for a new labor contract for the company's 40,000 unionized workers in the United States on Tuesday, the union and the company said.

The deal, which must now go before Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) unionized workers for ratification, ends the threat of a strike that could have crippled production of the Italian-American automaker's most profitable vehicles.

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