Stellantis UAW workers are to receive profit-sharing checks this year of $8,010.
The announcement of the payouts to about 43,000 UAW-represented workers came early Wednesday, the same day the company released its first earnings report since it was created in January from the merger of Fiat Chrysler Automobiles and Peugeot-maker PSA Group.
The checks represent an increase from the $7,280 checks FCA workers received last year. The Free Press reported earlier that Ford workers are getting $3,625 and those at General Motors are receiving $9,000 this year.
Workers should get their payments on March 15, according to a company news release.
The company said that amounts to an average of more than $44,700 in profit sharing for its U.S. employees since 2009.
The payments are based on the company's earnings.
In its last year as a standalone company, Fiat Chrysler Automobiles made $4.47 billion (3.7 billion euros) before interest and taxes, with net profit of $29 million (24 million euros). That compares to the $8 billion (6.7 billion euros) before interest and taxes it made in 2019..
In the fourth quarter of 2020, FCA reported earnings before interest and taxes of $2.78 billion euros (2.3 billion euros).
