Auto workers at Fiat-Chrysler have voted to accept a new four-year contract.
The union representing the 9,750 employees says the agreement includes both investment in Canadian operations and wage improvements. The ratification was supported by 70.1 per cent of the workers.
The automaker has agreed to invest $331 million in its Canadian operations. The majority of that money will go to Fiat-Chrysler’s assembly plant in Brampton. They have also committed to building a hybrid vehicle in Windsor as well.
Unifor says workers can expect two wage hikes of two per cent, plus signing bonuses totaling $12,000. Workers will receive $6,000 up front, followed by $2,000 lump-sum payments over the next three years.
The deal reached last month with General Motors served as a template for the agreement with Fiat Chrysler.
Union president Jerry Dias indicated before talks with both Chrysler and General Motors that investment was the most important issue for the workers.
Negotiations with Ford are set to start on Tuesday.