UAW represents nearly 44,000 workers at Stellantis, according to the union. President Joe Biden called it a "groundbreaking contract" that offers "record raises, more paid leave, greater retirement security, and more rights and respect at work." "I applaud the UAW and Stellantis for coming tog...
Members of United Auto Workers Local 1264 in Sterling Heights hosted a rally on Thursday to discuss a possible strike over what they say is a breach of their contracts with Stellantis.
Similar to the Ford workers' tentative deal, Stellantis's includes 25% general wage increases over the life of the four-and-a-half-year contract, which runs through April 2028. Top wager-earners will see their earnings grow to more than $42 per hour over that time, the union said, and ...
According to a Stellantis news release on Monday, Zarlenga told UAW President Shawn Fain in an email that the company conducted a thorough analysis and concluded that the investments outlined in the contract "are subject to approval by the Stellantis product Allocation Committee and contingent upon p...
General Motors (GM) workersvoted and approved their new contracton Thursday. Stellantis shares were up 1% in intraday trading Friday following the news, while Ford shares rose 0.8% and GM shares climbed 1.3%. Do you have a news tip for Investopedia reporters? Please email us at ...
Stellantis has reportedly reached a tentative agreement with the UAW, which includes the reopening of one plant in Illinois.
The UAW called on all workers at Ford to return to their jobs and said that will put pressure on GM and Stellantis to bargain. Announcements on how to do that will come later. “We told Ford to pony up, and they did,” President Shawn Fain said in a video address to members...
Striking Kokomo Casting Plant union workers in Indiana ratified an agreement with Stellantis last week, ending a standoff after local contract negotiations had broken down. More than 1,000 union members at the Kokomo operations went on strike Sept. 10, but the union and management reached a ...
The UAW already filedfederal charges against Stellantisfor unfair labor practices with the National Labor Relations Board. The union accused Stellantis of breaking the promises in the 2023 contract it signed with the UAW. The first strike’s location and time have not been specified. Several UAW ...
Under their deal, Ford and Stellantis employees will see an immediate 11% increase in their pay. Hourly pay at Ford will jump from $32.05 to $42.60 for assembly-line workers and from $36.96 to $50.57 for skilled trades employees, according to the preliminarycontract. ...