TURIN (Reuters) - Italian carmaker Fiat (>> Fiat SpA) has reached an agreement with unions to renew its contract for over 70,000 employees in Italy, said union sources on Friday.

The accord includes employees for truck and tractor-maker Fiat Industrial (>> Fiat Industrial SpA).

The agreement calls for a rise of 40 euros per month gross on the basic pay package starting from February for all of 2013, and a productivity bonus of 120 euros per month (compared to 103 euros currently) from April.

The Fiat group and its unions agreed to meet again on increases for 2014 and 2015 before the end of the year.

(This version of the story corrects the productivity bonus to read 103 euros instead of 2013 euros.)

(Reporting by Gianni Montani)

Stocks treated in this article : Fiat Industrial SpA, Fiat SpA
Valeurs citées dans l'article : Fiat SpA, Fiat Industrial SpA