Four car teams demanding a proposed wage increase through Italian unions, adding up to an 8. 4% annual increase for next year, are too high, UILM said on Wednesday as talks began. This month, unions submitted their proposal to renew the expiring four-year contracts. by the end of 2022 for the top Italian staff at automakers Stellantis and Ferrari, truck manufacturer Iveco and agricultural machinery and structural machinery manufacturer CNH Industrial, all scrapped from the old Fiat. The unions FIM-CISL, UILM, Fismic, UGLM and AQCF have also called for wage increases of 4. 5% by 2024 and 2. 5% by 2025 to help staff regain the purchasing strength lost due to rising customer value inflation across Europe.