Why Stellantis could face a longer strike than Ford or GM
Publishing timestamp: 2023-09-15 11:37:46
Summary
Stellantis, the newly formed company from the merger of Fiat Chrysler and Peugeot, may face a tougher road in dealing with the United Auto Workers (UAW) strike compared to its rivals Ford and General Motors. Stellantis has signaled its intention to close or sell 18 of its U.S. facilities, which the union is unlikely to accept willingly. On the other hand, Ford and GM may reach agreements with the UAW soon. Stellantis is preparing for a long battle, while negotiations are expected to resume this weekend.
Sentiment: MIXED
Keywords: stellantis nv, ford motor co, general motors co, autos, automobile manufacturing, labor unions, united auto workers, strikes, business, business news, u.s. economy,
Source: https://www.cnbc.com/2023/09/15/stellantis-could-face-longer-uaw-strike-than-ford-gm.html