Stellantis files federal lawsuit against UAW union over strike threats
Publishing timestamp: 2024-10-04 18:13:33
Summary
Stellantis is suing UAW over alleged breach of contract, escalating tensions between the automaker and the union. The lawsuit comes after UAW members voted to request strike authorization. The dispute centers on Stellantis' alleged failure to meet contractual obligations, while the company argues it has the right to change plans based on market conditions. UAW President called the lawsuit desperate actions, while Stellantis claims grievances filed by the union are sham.
Sentiment: MIXED
Tickers: STLA,
Keywords: carlos tavares, autos, personnel, transportation, labor economy, breaking news: business, stellantis nv, business, business news,
Source: https://www.cnbc.com/2024/10/04/stellantis-sues-uaw-union-strike.html