How Marchionne could forfeit his big win on Tier 2

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Automotive News
October 7, 2015

How Marchionne could forfeit his big win on Tier 2

A UAW strike of Fiat Chrysler Automobiles could force CEO Sergio Marchionne to give back a hard-earned labor trophy he was already polishing for his mantel.

For months leading up to UAW negotiations this summer, Marchionne talked about the fundamental unfairness of a two-tier wage system at the Detroit 3 that pays entry-level workers substantially less than traditional workers for the same work.

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Story Oct 7-2015

UAW President Dennis Williams and FCA CEO Sergio Marchionne shared a hug after last month’s joint press conference. Photo credit: Reuters