Current:Home > MarketsStellantis, UAW reach tentative deal on new contract, sources say -EverVision Finance
Stellantis, UAW reach tentative deal on new contract, sources say
View
Date:2025-04-15 23:25:37
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: elawrence@freepress.com. Become a subscriber.
veryGood! (569)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Brandon Aubrey, kicker for the Cowboys, hasn't missed a field goal. Maybe he should.
- In Michigan, anger over Biden's Israel-Hamas war stance could cost him votes: We're gonna be silent in November 2024
- Choice Hotels launches hostile takeover bid for rival Wyndham after being repeatedly rebuffed
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- A Jordanian soldier is killed in a clash with drug smugglers along the border with Syria
- Investigators accessed Trump White House cellphone records and plan to use them at trial, special counsel says
- North Carolina quarterback Drake Maye makes 2024 NFL draft decision
- Grammy nominee Teddy Swims on love, growth and embracing change
- Suspect in fatal grocery store shooting leaves behind debit card, leading to his arrest
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Wrongfully convicted Minnesota man set free after nearly 2 decades in prison
- Children of jailed Iranian activist Narges Mohammadi accept Nobel Peace Prize on her behalf
- Katie Lee Biegel's Gift Guide Will Help You & Loved Ones Savor The Holiday Season
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- ManningCast features two 'Monday Night Football' games at once: What went right and wrong
- Remembering Ryan O'Neal
- Imagine if GPS got lost. We at Space Force worry about it so you don't have to.
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Where does Shohei Ohtani's deal rank among the 10 biggest pro sports contracts ever?
At least $2.1 billion in new funds pledged at COP28, as foundations focus on health and agriculture
Whitmer’s fight for abortion rights helped turn Michigan blue. She’s eyeing national impact now
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Watch soldier dad surprise family members one after another as they walk in
ManningCast features two 'Monday Night Football' games at once: What went right and wrong
Shohei Ohtani’s massive $700 million deal with Dodgers defers $680 million for 10 years