Stellantis offers raises, inflation protection measures to UAW as strikes continue
Publishing timestamp: 2023-09-16 15:22:28
Summary
Stellantis has increased its offer to UAW members, including a pay raise of nearly 21% with an immediate 10% increase. This comes after thousands of workers went on strike at three auto plants. Ford and GM have also resumed negotiations with the UAW. Stellantis' proposal includes raises, the end of wage tiers for some workers, and profit sharing. The UAW has been seeking various demands, including pay increases and a reduced workweek. Talks are set to continue.
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Tickers: F, GM, STLA, STLAM-IT,
Keywords: autos, breaking news: business, business, labor economy, stellantis nv, business news, personnel, transportation, general motors co, ford motor co, mark stewart, social issues, joe biden,