Unions, Stellantis, Iveco, Ferrari, CNH Industrial to start wage talks in Italy on Oct 26

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MILAN (Reuters) – Italy’s unions will meet representatives of Stellantis, Iveco, Ferrari (NYSE:RACE) and CNH Industrial (NYSE:CNHI) on Oct. 26 to start talks over wage increases, UILM union’s Gianluca Ficco said on Thursday.

On Wednesday FIM-CISL, UILM, Fismic, UGLM and AQCF unions said their delegates had approved a proposal presented last week by their leaders to seek a wage rise of 8.4% for next year from the four industrial groups.