Auto workers union announces tentative agreement to end strike with Stellantis

The United Auto Workers (UAW) union has announced a tentative agreement with Stellantis, a major automotive manufacturer, to end a nearly three-month strike.

READ ALSO

The strike began in October 2020, when workers at Stellantis’s Detroit factory rejected the company’s proposed contract and went on strike. After months of negotiations, the two sides have come to an agreement that will end the strike and put the workers back on the job.

The new contract includes pay increases and increased profit sharing for workers, as well as improved health care and retirement benefits. In addition, the agreement creates a dedicated fund to invest in the future of the Detroit factory and allows Stellantis to invest in technological advancements in the factory.

The agreement still needs to be ratified by union members, but it appears that the strike is nearing an end. If ratified, this new contract could help Stellantis stay competitive in the increasingly competitive global auto market.

Related Posts

Next Post

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.