Current:Home > MarketsAP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by Ford -WealthSpot
AP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by Ford
View
Date:2025-04-24 15:05:11
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! (8828)
Related
- Trump's 'stop
- Democrats hope to keep winning streak alive in Washington governor’s race
- 3 stocks that could be big winners if Kamala Harris wins but the GOP controls Congress
- CFP rankings channel today: How to watch first College Football Playoff poll
- Stamford Road collision sends motorcyclist flying; driver arrested
- GOP Gov. Jim Justice battles Democrat Glenn Elliott for US Senate seat from West Virginia
- Tim Walz’s Family Guide: Meet the Family of Kamala Harris’ Running Mate
- Hogan and Alsobrooks face off in Maryland race that could sway US Senate control
- Don't let hackers fool you with a 'scam
- Democratic-backed justices look to defend control of Michigan’s Supreme Court
Ranking
- Intel's stock did something it hasn't done since 2022
- Erik Menendez’s Wife Tammi Menendez Shares Plea for His Release After Resentencing Decision
- Is oat milk good for you? Here's how it compares to regular milk.
- Selena Gomez, Mariska Hargitay and More Stars Who’ve Voted in 2024 U.S. Presidential Election
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- West Virginians’ governor choices stand on opposite sides of the abortion debate
- Charges against South Carolina women's basketball's Ashlyn Watkins dismissed
- 3-term Democrat Sherrod Brown tries to hold key US Senate seat in expensive race
Recommendation
Could your smelly farts help science?
A History of Presidential Pets Who Lived in the Lap of Luxury at the White House
Massachusetts Democrat Elizabeth Warren seeks third term in US Senate against challenger John Deaton
Prince William Reveals the Question His Kids Ask Him the Most During Trip to South Africa
Sam Taylor
Legislature’s majorities and picking a new state attorney general are on the Pennsylvania ballot
Massachusetts Democrat Elizabeth Warren seeks third term in US Senate against challenger John Deaton
Hogan and Alsobrooks face off in Maryland race that could sway US Senate control