10/28/2023

UAW, Stellantis Reach Tentative Agreement to End Strike

The agreement largely matches the deal that the UAW negotiated with Ford

Today, the United Auto Workers (UAW) reached a tentative agreement with Stellantis to end the union's strike against the automaker, said a person familiar with the talks, moving the industry closer to resolving a historic work stoppage that has shuttered dozens of U.S. factories and warehouses.

If ratified by a majority of the automaker's UAW workers, the new contract will give Stellantis employees a 25 percent raise in base wages over the next four and a half years, the person said, speaking on the condition of anonymity to discuss the sensitive talks. The deal and a similar Oct. 25 agreement with Ford give the UAW its biggest gains in years after a hard-fought campaign by the union's combative new president, Shawn Fain.

As with the Ford deal, the Stellantis agreement gives workers cost-of-living adjustments to wages that will push the total wage increase to around 30 percent, the person said.

Please select this link to read the complete article from The Washington Post.