
Stellantis to offer buyout, early retirement packages to 6,400 nonunion salaried workers
The automaker, formed in the 2021 merger of Fiat Chrysler and PSA Peugeot of France, said it is taking the action “to protect our operations and the company.”
The automaker, formed in the 2021 merger of Fiat Chrysler and PSA Peugeot of France, said it is taking the action “to protect our operations and the company.”
Critics say the new rule is an overreach by the labor-friendly Biden administration that undermines independent business owners. Some—including the American Hotel and Lodging Association—have already sued to block it.
At nearly four months, it was by far the longest strike ever for film and television actors.
The agreements provide a blueprint for which vehicles Stellantis, Ford and General Motors intend to build in the coming years and where they will do so.
Local union leaders from across the country at Jeep maker Stellantis voted unanimously on Thursday to send the contract to members for a vote. General Motors local leaders will meet on Friday.
General Motors, Ford and Stellantis are facing sharply higher labor costs, estimated by some analysts at exceeding $1 billion per year, per company.
The United Auto Workers provided some information on the deals, including a detailed explanation of the agreement it reached with Ford. The agreement is expected to become the model for later settlements with GM and Stellantis.
Organizers say retail pharmacists are not looking for more pay or vacation time. The protest is more about giving employees the ability to do their jobs safely.
The contract with General Motors is similar to those reached by Ford and Stellantis, but there are some differences.
GM is likely to be the next company to settle because it has agreed to pull new electric vehicle battery factories into the UAW’s national contract, which essentially unionizes them.
The four-year deal, which still has to be approved by 57,000 union members at Ford, could set the pattern for agreements with General Motors and Stellantis.
About 40,800 workers are now on strike against all three automakers. The strikes, now in their sixth week, cover seven assembly plants and 38 parts warehouses.
United Auto Workers President Shawn Fain said Friday that while Detroit’s automakers have increased their wage and benefit offers, he believes the union can gain more if it holds out longer in contract talks.
United Auto Workers union President Shawn Fain is expected to update members Friday afternoon on progress in contract talks with Detroit’s three automakers as movement was reported with General Motors.
In a rare speech during contract talks in the company’s hometown of Dearborn, Michigan, Ford Motor Co. Executive Chairman Bill Ford said high labor costs could limit spending to develop new vehicles and invest in factories.
UAW President Shawn Fain told workers in a live video appearance that the companies started gaming the system, waiting until Fridays to make progress in bargaining.
The apparently widening labor rift indicates that Ford and the UAW may be in for a lengthy strike that could cost the company and workers billions of dollars.
The surprise move at about 6:30 p.m. Wednesday took down the largest and most profitable Ford plant in the world. The sprawling factory makes pricey heavy-duty F-Series pickup trucks and large Ford and Lincoln SUVs.
The UAW contends that the layoffs are unjustified and were imposed as part of the companies’ pressure campaign to persuade union members to accept less favorable terms in negotiations with automakers.
With the UAW strike now in its fourth week, EVs and their potential impact on job security have become central to union negotiations with the automakers.