Current:Home > FinanceStellantis, UAW reach tentative deal on new contract, sources say -EquityExchange
Stellantis, UAW reach tentative deal on new contract, sources say
TrendPulse View
Date:2025-04-10 17:51:59
The United Auto Workers and Stellantis have a tentative agreement, according to two sources with knowledge of the situation.
The deal, reached following meetings between union and company officials this week, leaves only General Motors without a tentative union agreement among the Detroit Three.
The agreement between Stellantis and the United Auto Workers union will need to be ratified by members before it can go into effect. It follows the announcement of a deal between Ford and the union on Wednesday, which was expected to substantially increase pressure on the other two companies to reach a settlement.
The union had been on strike at targeted facilities against all three automakers since mid-September, but the union ended its strike against Ford after announcing the tentative agreement there. It wasn’t immediately clear if the union would follow the same plan with Stellantis.
More:GM, Stellantis meet with UAW, seeking deal ‘as soon as possible’
The union, which had been on strike at the company's Toledo Assembly Complex in Ohio and numerous parts distribution centers across the country, expanded the strike on Monday to Stellantis' Sterling Heights Assembly Plant, where the profitable Ram 1500 pickup is built.
The deal with Ford includes a 25% wage increase over the life of the contract along with other improvements, according to the union. The deal with Stellantis is expected to follow the general pattern of that agreement.
Details on the agreement with Stellantis, owner of the Jeep, Ram, Chrysler, Dodge and Fiat brands, are expected to be released in the coming days.
Stellantis spokeswoman Jodi Tinson declined to comment.
Contact Eric D. Lawrence: [email protected]. Become a subscriber.
veryGood! (99676)
Related
- Highlights from Trump’s interview with Time magazine
- AP concludes at least hundreds died in floods after Ukraine dam collapse, far more than Russia said
- The Excerpt podcast: 2023 in Music - Taylor Swift, Beyoncé and More
- No let-up in Israeli airstrikes on Gaza as Christmas dawns
- Former longtime South Carolina congressman John Spratt dies at 82
- Zillow's top 10 most popular markets of 2023 shows swing to the East
- The Powerball jackpot now at $685 million: When is the next drawing?
- Texas highway chase ends with police ripping apart truck’s cab and pulling the driver out
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Who are the top prospects in the 2024 NFL Draft? Ranking college QBs before New Year's Six
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Top Wisconsin Republican wants to put abortion laws on a future ballot
- 6 dead, 3 injured in head-on car crash in Johnson County, Texas, Hwy 67 closed
- Billie Lourd Shares How She Keeps Mom Carrie Fisher’s Legacy Alive With Kids on Anniversary of Her Death
- Former Syrian official arrested in California who oversaw prison charged with torture
- $1.58 billion Mega Millions winner in Florida revealed
- Kourtney Kardashian and Travis Barker’s Christmas Gift for Baby Rocky Will Make You the Happiest on Earth
- Holiday travel difficult to impossible as blizzard conditions, freezing rain hit the Plains
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Can you use restaurant gift cards on DoorDash or Uber Eats? How to use your gift cards wisely
Lost dog group rescues senior dog in rural town, discovers she went missing 7 years ago
Human remains, artificial hip recovered after YouTuber helps find missing man's car in Missouri pond
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Utah Couple Dies in Car Crash While Driving to Share Pregnancy News With Family
Amazon to show ads in Prime Video movies and shows starting January 29, 2024
Khloe Kardashian Unveils New Family Portrait With Kids True and Tatum