Current:Home > FinanceStellantis, UAW reach tentative deal on new contract, sources say -EquityExchange
Stellantis, UAW reach tentative deal on new contract, sources say
View
Date:2025-04-14 13:21:19
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! (68)
Related
- Arkansas State Police probe death of woman found after officer
- Nobel Prize goes to scientists who made mRNA COVID vaccines possible
- Powerball jackpot grows to estimated $1.04 billion, fourth-largest prize in game's history
- 2023 New York Film Festival opens with Natalie Portman-Julianne Moore spellbinder May December
- See you latte: Starbucks plans to cut 30% of its menu
- Shutdown looms, Sen. Dianne Feinstein has died, Scott Hall pleads guilty: 5 Things podcast
- Jennifer Lopez Shares How She Felt Insecure About Her Body After Giving Birth to Twins
- Trump's civil fraud trial in New York puts his finances in the spotlight. Here's what to know about the case.
- Questlove charts 50 years of SNL musical hits (and misses)
- The military is turning to microgrids to fight global threats — and global warming
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- New Jersey Sen. Bob Menendez expected back in Manhattan court for bribery case
- Selena Gomez Makes Surprise Appearance at Coldplay Concert to Perform Alongside H.E.R.
- Who is Jenny in 'Forrest Gump'? What to know about the cast of the cinema classic.
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Robert Reich on the narrowly-avoided government shutdown: Republicans holding America hostage
- Plane crash in Lake Placid kills 2, including former NFL player Russ Francis of Patriots, 49ers
- Kelly Ripa and Mark Consuelos' Many NSFW Confessions Might Make You Blush
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
NY woman who fatally shoved singing coach, 87, sentenced to additional prison time
Russ Francis, former Patriots, 49ers tight end, killed in plane crash
Meet the New York judge deciding the fate of Trump's business empire
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Beyoncé announces Renaissance Tour concert film: 'Start over, start fresh, create the new'
Gavin Newsom picks Laphonza Butler to fill Dianne Feinstein's Senate seat
Chloe Bridges Is Pregnant, Expecting First Baby With Adam Devine