Final Thursday, Stellantis introduced a brand new supply to the union that now included, “23% wage increases over the life of the contract, nearly a 50% increase in our contributions to the retirement savings plan, and additional job security protections for our employees.” It says it then waited for a counter-proposal that by no means got here.
It’s extraordinarily upset with how issues have turned out and warns that this motion may quit market share to non-union competitors as Ford Government Chairman Invoice Ford has beforehand warned.
It exhibits that the UAW isn’t messing round anymore because it bares its tooth and exhibits what sort of affect it truly has. Stellantis is certainly feeling the warmth, because it’s already introduced its manufacturers would pull out of CES, SEMA, and the LA Auto Present.
Moreover, it’s at present wanting into promoting 18 of its US services in hopes of holding the corporate steady sooner or later.
Many of those crops would then be leased to proceed manufacturing into the long run, however others reminiscent of engine crops will likely be completely shut down as its manufacturers transition to electrical autos.
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