UAW expands strike in opposition to Stellantis, targets largest plant
Automotive Information government editor Jamie Butters discusses the enlargement of the UAW strikes and its impression on automotive consumers.
The United Auto Employees delivered one other shock assault Monday within the union’s ongoing strike in opposition to Detroit’s Large Three automakers, this time concentrating on Stellantis’ largest plant.
The UAW introduced it’s shutting down Stellantis’ Sterling Heights Meeting Plant in Michigan, that means the 6,800 union members who work on the facility at the moment are off the job and becoming a member of the picket strains.
Members of the United Auto Employees maintain a apply picket in entrance of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. (Matthew Hatcher/AFP by way of / Getty Photos)
“Regardless of having the best income, the best income (North American and international), the best revenue margins, and essentially the most money in reserve, Stellantis lags behind each Ford and Normal Motors in addressing the calls for of their UAW workforce,” the union stated in a press launch. “At the moment, Stellantis has the worst proposal on the desk concerning wage development, momentary employee pay and conversion to full-time, cost-of-living changes (COLA), and extra.”
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The Sterling Heights facility produces RAM 1500 vans, and its shutdown is a significant blow to Stellantis, which owns greater than a dozen auto manufacturers, together with Dodge, Chrysler and Jeep.
Stellantis CEO Carlos Tavaras delivers a keynote handle throughout CES 2023 on Jan. 5, 2023, in Las Vegas. Stellantis has canceled its look on the convention for 2024, citing the UAW’s strike. (Ethan Miller / Getty Photos)
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| STLA | STELLANTIS NV | 18.88 | -0.07 | -0.37% |
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FOX Enterprise has reached out to Stellantis for remark.
The UAW launched its simultaneous strike in opposition to Ford, Normal Motors and Stellantis on Sept. 15, beginning with one meeting plant at every of the Large Three. The union has steadily added additional strike targets in opposition to all of the automakers as contract negotiations have dragged on.
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| F | FORD MOTOR CO. | 11.64 | +0.11 | +0.95% |
| GM | GENERAL MOTORS CO. | 29.66 | +0.33 | +1.13% |
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The addition of the Sterling Heights plant brings the whole variety of UAW members on strike on the Large Three to greater than 40,000 of the practically 150,000 whole throughout the automakers.
