Current:Home > ContactAP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by Ford -Global Finance Compass
AP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by Ford
View
Date:2025-04-28 14:31:06
DETROIT (AP) — Jeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers union that follows a template set earlier this week by Ford, two people with knowledge of the negotiations said Saturday.
The deal, which still has to be ratified by members, leaves only General Motors without a contract with the union. The agreement could end a six-week strike by more than 14,000 workers at Stellantis assembly plants in Michigan and Ohio, and at parts warehouses across the nation.
Like workers at Ford, the strikers at Stellantis are expected to take down their picket lines and start returning to work in the coming days, before 43,000 union members vote.
The people, who asked not to be identified because they are not authorized to speak publicly about the talks, said most of the main points of the deal at Ford will carry over to Stellantis. The Ford pact includes 25% in general wage increases over the next 4 1/2 years for top assembly plant workers, with 11% coming once the deal is ratified. Workers also will get cost-of-living pay that would bring the raises to over 30%, with top assembly plant workers making more than $40 per hour. At Stellantis, top-scale workers now make around $31 per hour.
Like the Ford contract, the Stellantis deal would run through April 30, 2028.
The deal includes a new vehicle for a now-idled factory in Belvidere, Illinois, which the company had planned to close.
Talks were under way with General Motors on Saturday in an effort to reach a similar agreement. Over 14,000 workers at GM remain on strike at factories in Texas, Michigan and Missouri.
The union began targeted strikes against all three automakers on Sept. 15 after its contracts with the companies expired.
veryGood! (17763)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- A top Chinese ride-hailing company delists from the NYSE just months after its IPO
- Cyberattack on Red Cross compromised sensitive data on over 515,000 vulnerable people
- Former billionaire to auction world's biggest rhino farm after spending his fortune to save the animals
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Spotify removes Neil Young's music after he objects to Joe Rogan's podcast
- He reinvented himself in Silicon Valley. Ex-associates say he's running from his past
- Why Women Everywhere Love Drew Barrymore's Flower Beauty & Beautiful Kitchen Lines
- Military service academies see drop in reported sexual assaults after alarming surge
- How subsidies helped Montreal become the Hollywood of video games
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Antiquities plucked from storeroom on Roman Forum display, including colored dice and burial offerings
- The Biggest Bombshells From Paris Hilton's New Memoir
- That big deal for Nvidia to buy computer chip giant Arm has come crashing down
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Amy Webb: A Glimpse Into The Future
- Nearly $15 million of gold and valuables stolen in heist from Toronto's Pearson Airport
- Megan Fox Ditches Engagement Ring Amid Machine Gun Kelly Breakup Rumors
Recommendation
Sam Taylor
Transcript: Sen. Chris Coons on Face the Nation, April 23, 2023
How an American Idol Contestant Used the Show to Get Revenge on a Classmate Who Kanye'd Her
4 takeaways from senators' grilling of Instagram's CEO about kids and safety
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Why The Bachelor's Eliminated Contender Says Her Dismissal Makes No F--king Sense
Amazon raises price of annual Prime membership to $139
Shakira has been named Billboard's inaugural Latin Woman of the Year