Wednesday, October 30

Automaker Stallantis says contract talks on ‘good path’ to keep away from UAW strike

As the strike deadline quickly approaches, automaker Stellantis says contract talks with the United Auto Workers are continuing easily.

Stellantis on Monday stated it has reached a tentative settlement with the union on well being advantages and security insurance policies however has not reached a full deal. The firm submitted its second counteroffer this week.

“We are on a good path and remain committed to reaching a tentative agreement without a work stoppage that would negatively impact our employees and our customers,” Stellantis Senior Vice President of Human Resources in North America Tobin Williams instructed staff Monday.



The unique proposal from the corporate, which included a 14.5% wage improve for many staff, was rejected and countered by the UAW Sunday. Shawn Fain, UAW president, stated the deal was “deeply inadequate” and a far cry from the union’s calls for of a 46% wage improve with pension and retirement plans.

This week’s supply comes simply two days earlier than the contract deadline and a doable UAW strike. If a deal is just not reached by 11:59 P.M. Thursday, staff from throughout Ford, General Motors and Stellantis might be on the picket line.

Mr. Fain has described the talks in any respect three automakers as “slow going.”

“Despite receiving no response for over a month, when the CEOs are ready to make a serious offer we’ll be there, day or night,” he stated in a press release. “It’s unfortunate the companies have waited until the last moments to get focused on the needs of the 150,000 autoworkers, our families and our communities.”

According to some consultants, a 10-day auto strike would price the U.S. financial system over $1 billion.

Content Source: www.washingtontimes.com