MILAN, March 8 (Reuters) - Italy's largest automotive
groups, led by Fiat-maker Stellantis , on Wednesday
signed an agreement with unions for a 6.5% salary increase from
this month for workers at their Italian operations, unions said.
As part of the agreement, wages will increase by a further
4.5% from January next year, while workers will also receive a
one-off sum for a total of 600 euros ($632) to be paid in three
tranches over this year.
The agreement, for which talks officially kicked off at the
end of October, covers almost 70,000 workers at Stellantis,
Ferrari , Iveco and CNH Industrial .
($1 = 0.9490 euros)
(Reporting by Giulio Piovaccari
Editing by Keith Weir)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.