March 1, 2015
TORONTO (AP) - The Canadian Auto Workers say they reached a tentative agreement on a new labor deal with Chrysler.
CAW President Ken Lewenza says the deal was reached Friday evening.
Chrysler has until April 30 to reach deals with its unions in Canada and the U.S. to cement a technology-sharing alliance with Fiat. It also needs to provide a restructuring plan to governments in both countries that will enable it to qualify for government loans to keep it afloat.
Chrysler told the CAW that it wanted concessions from the union that would make the labor costs competitive with non-unionized Toyota in Canada. It wasn't immediately clear if the deal does that.
Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.