Category Archives: labor issues

Beleaguered Stellantis Cuts 2024 Financial Guidance

Posted on 30 September 2024 by Ken Zino

Stellantis N.V. (NYSE: STLA) today revised its 2024 financial guidance, “reflecting decisions to significantly enlarge remediation actions on North American performance issues, as well as deterioration in global industry dynamics.” Actions include North American shipment declines of more than 200,000 vehicles in the second half of 2024 (up from 100,000 prior guidance), compared to the prior year period, increased incentives on 2024 and older model year vehicles. (Read AutoInformed.com on: Stellantis Tanks in First Half of 2024 – Net Profit -48%)*

“The Company will continue to leverage and expand its competitive differentiators and believes that the recovery actions being put in place will ensure stronger operational and financial performance in 2025 and beyond,” Stellantis said in a terse release. “Deterioration in the global industry backdrop reflects a lower 2024 market forecast than at the beginning of the period, while competitive dynamics have intensified due to both rising industry supply, as well as increased Chinese competition,” Stellantis said. Continue reading →

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C’est Fou – Chinese EVs Will Be at 2024 Paris Motor Show

Posted on 25 September 2024 by Ken Zino

Stellantis today announced it will participate in the 90th edition of the Mondial de l’Auto 2024 (Paris Motor Show) from14 – 20  October with its three traditional brands – Citroën, Peugeot, and Alfa Romeo. More controversial will be the Chinese brand, Leapmotor making its debut at the show.

Leapmotor Founder, Chairman and CEO Zhu Jiangming, together with Stellantis CEO Carlos Tavares, will unveil the all-new B10, a C-segment SUV, expanding its product line-up in Europe’s core segment through this distinctive partnership in the automotive industry. Continue reading →

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Stellantis Holds Media Drive for Chinese Leapmotor EVs

Posted on 24 September 2024 by Ken Zino

The first European Media Drive is now taking place in Milan for the C10 and T03 models of the Leapmotor brand, a Chinese company in the technology field which has the highest growth in the New Energy Vehicle (NEV) sector.* The event, held in Milan and Lake Maggiore, marks the official debut of Leapmotor International in Europe. In a controversial move in October of 2023 Stellantis took 51% of a joint venture with Leapmotor that gives it exclusive rights to build, export and sell Leapmotor EVs outside China.**

“Stellantis will invest more than €50 billion during the next 10 years in the field of electrification and will do everything it can to reach the targets set out in its Dare Forward 2030 strategic plan, including the achievement of a 100% sales mix of BEV vehicles in Europe by 2030 and 50% of BEV passenger cars and light commercial vehicles in the United States. To reach these sales goals, the company is ensuring around 400 GWh of battery capacity with the support of six battery factories in North America and Europe. Stellantis aims to become a zero carbon-emissions company across all sectors by 2038, with a percentage offsetting for an amount of the remaining emissions,” the company formed by the merger of FCA and PSA said today. Continue reading →

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Stellantis Signs New European Work Council Agreement

Posted on 19 September 2024 by Ken Zino

However, in the U.S. where there is no works council structure. The UAW filed federal unfair labor practice charges at the National Labor Relations Board earlier this week. The UAW said this is over what it says is Stellantis’ illegal refusal to provide information about the company’s plans regarding product commitments it made in the UAW’s 2023 collective bargaining agreement. Several UAW locals with thousands of members have also filed contract grievances over the company’s attempt to move Dodge Durango production out of the United States, in violation of the UAW’s national agreement.

“The new EWC will play a key role in informing and consulting employees on a transnational level, ensuring their voices are heard. Additionally, it will be essential in supporting Stellantis’ strategy of sustainable performance and transformation, always prioritizing the best interests of employees,” Stellantis said. AutoInformed notes that there is a double standard in play here – clearly working against North American employees. Continue reading →

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GM Canada Has Tentative Unifor Agreement at CAMI Assembly

Posted on 18 September 2024 by Ken Zino

At 3:00 am today GM Canada reached a tentative agreement with Unifor, covering ~1300 represented employees at CAMI who build the Chevrolet BrightDrop electric vans and battery modules.

“This agreement, subject to member ratification, recognizes the many contributions of our employees and provides pattern increases in wages, benefits and job security.” GM Canada said. Continue reading →

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Shawn Fain to Speak to Stellantis UAW Membership Tonight

Posted on 17 September 2024 by Ken Zino

Yesterday, the UAW filed federal unfair labor practice charges at the National Labor Relations Board over what it says is Stellantis’ illegal refusal to provide information about the company’s plans regarding product commitments it made in the UAW’s 2023 collective bargaining agreement. Several UAW locals covering thousands of members have also filed contract grievances over the company’s attempt to move Dodge Durango production out of the United States, in violation of the UAW’s national agreement.

“In our 2023 contract, we won major gains, including a commitment to reopen an idled assembly plant in Belvidere, Illinois, and to build the Dodge Durango in Detroit. We also won the right to strike over those commitments, if we have to,” said UAW President Shawn Fain. “Now, Stellantis wants to go back on the deal. As a united UAW, we intend to enforce our contract, and to make Stellantis keep the promise.” Fain will address the UAW membership on Facebook Live tonight. Continue reading →

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Unifor Bargaining Starts for GM CAMI Assembly Plant Workers

Posted on 9 September 2024 by Ken Zino

Master bargaining between Unifor and General Motors opened today on behalf of Local 88 members employed at the CAMI Assembly plant and Battery Assembly facility in Ingersoll, Ontario. Negotiations at CAMI follow the union’s 2023 bargaining with Ford, General Motors and Stellantis on behalf of 20,000 Detroit Three members, where the pattern agreement was set.* As a result of the different bargaining cycle there is a significant and ongoing delay before CAMI workers receive the same rate of pay as their counterparts at other GM locations.

“Our members at CAMI are on the frontline of the EV transition in Canada, and Unifor will fight to protect the good union jobs and secure future every autoworker was promised,” said Unifor National President Lana Payne. “These negotiations will focus squarely on securing workers the economic stability our members deserve and that includes aligning CAMI workers with the rest of our GM membership to eliminate the historical lag in wage increases and other negotiated benefits.” Continue reading →

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Canadian Government Halts Teamsters Canada Freight Strike

Posted on 22 August 2024 by Ken Zino

Major automakers such as Ford Motor, General Motors, Honda, Stellantis and Toyota assembling vehicles in Canada or shipping engines and various other components to the United States got a reprieve late today as a previously reluctant Canadian government intervened in a railroad freight strike.

“I’ve directed the Canada Industrial Relations Board to assist the parties in settling the outstanding terms of their collective agreements by imposing final binding arbitration,” said Canadian Labor Minister Steve MacKinnon at a press conference. Continue reading →

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UAW Locals Preparing to Strike Stellantis – National Strike?

Posted on 19 August 2024 by Ken Zino

The UAW said today that several UAW locals representing tens of thousands of workers under the national UAW Stellantis agreement are prepared to file grievances over the Stellantis’ failure to keep its investment commitments and honor the union contract,. This, of course leads to a  national strike at Stellantis, if necessary.

“This company made a commitment to autoworkers at Stellantis in our union contract, and we intend to enforce that contract to the full extent,” said UAW President Shawn Fain. “On behalf of autoworkers everywhere, we’re standing up against a company that wants to go back on its commitments and drive a race to the bottom at the expense of the American worker.” Continue reading →

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X Marks Labor Sore Spot – IndustriALL Against Musk, Trump

Posted on 15 August 2024 by Ken Zino

“Elon Musk’s business model is one that is designed to avoid respecting human rights. We must defend workers and the rights that they have fought so long for. We stand with the UAW in their fight.” This conflict is not just about Tesla and its workers – it is a symbol of the broader battle for labor rights and the critical importance of the freedom to organize and strike. Without these rights, workers around the world remain vulnerable to exploitation and injustice. The right to strike is not just a tool—it is a crucial defense that ensures workers can stand up for themselves and each other, said IndustriALL  general secretary, Atle Høie yesterday, citing UAW federal labor charges filed against ex US President Donald Trump and Tesla CEO Elon Musk. Continue reading →

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VW Group – €2.6 Billion Exposure Over EV Plant Closing

Posted on 10 July 2024 by Ken Zino

In an ad hoc release late yesterday, the Volkswagen Group slashed its annual financial results forecast over the costs of the potential shutting down of an Audi EV plant in Brussels. In total, this will lead to a “burden on the operating result of up to €2.6 billion in the 2024 financial year.” Continue reading →

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June 2024 U.S. Transportation Sector Unemployment at 4.8%

Posted on 5 July 2024 by Ken Zino

Unemployment in the transportation sector was higher than overall unemployment. BLS said that the U.S. unemployment rate, not seasonally adjusted, in June 2024 was 4.3% or 0.5 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in June 2024 was 4.1%. Continue reading →

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Biden Administration Sets Job Creation Record at 15.7 million

Posted on 5 July 2024 by Ken Zino

“Too many Americans are still feeling squeezed by the cost of the living. I’m fighting to lower costs by taking on corporate price gouging, capping the cost of insulin and prescription drugs, and calling on Congress to lower rent by building 2 million new homes. Congressional Republicans have a different vision that sides with billionaires and special interests and will supercharge inflation. They’ll impose high consumer tariffs that will cost middle class families thousands of dollars each year, give a giant tax cut to the wealthy, repeal the Affordable Care Act, and allow big corporations to keep ripping off Americans. While they fight for Park Avenue, I’ll keep fighting for working families like the ones I grew up with in Scranton,” said President Biden  in a White House statement. Continue reading →

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UAW Strikes Again – This Time at Penske Logistics in El Paso

Posted on 29 May 2024 by Ken Zino

Members of UAW Local 286 walked off the job this morning in an “unfair labor practice strike” following the company’s “refusal to negotiate a first contract in good faith.” More than 40 workers in the clerical unit of the Penske Logistics operation in  El Paso, TX, voted to form their union more than a year ago. They have allegedly been stonewalled by the company in their attempt to win a first contract. Members are seeking fair pay, real paid time off, and better benefits, particularly health care. Penske Logistics did not immediately respond to an AutoInformed request for comment.

“The company’s refusal to sit down with workers and hash out a deal with fair pay and benefits so workers can care for their families is unacceptable,” said UAW Region 8 Director Tim Smith. “It’s time for Penske to get serious and negotiate in good faith.” Continue reading →

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UAW Petitions NLRB Over Mercedes Alabama Vote

Posted on 29 May 2024 by Ken Zino

Over 2000 Mercedes workers voted yes to win their union after an unprecedented, illegal anti-union campaign waged against them by their employer. What that tells us is that in a fair fight, where Mercedes is held accountable to following the law, workers will win their union. All these workers ever wanted was a fair shot at having a voice on the job and a say in their working conditions. And that’s what we’re asking for here. Let’s get a vote at Mercedes in Alabama where the company isn’t allowed to fire people, isn’t allowed to intimidate people, and isn’t allowed to break the law and their own corporate code, and let the workers decide,” the UAW said in a statement to AutoInformed. Continue reading →

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