Detroit 3 labor costs to ‘rise steadily' over next 4 years under new UAW contract
The Center for Automotive Research estimates Fiat Chrysler will see the sharpest rise between now and 2023, from $55 per hour to $66 per hour, while GM’s hourly labor cost will rise from $63 to $71 and Ford’s hourly costs will jump from $61 now to $69 in 2023.