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Tag Archives: UAW 2023 contract talks
Stellantis Pulls Out of Electronics Show to Cut Costs
In a terse statement this morning from Amsterdam, Stellantis (NYSE: STLA) said “as the costs of the ongoing UAW strikes against Stellantis continue to mount, the Company has decided to cancel its planned display and presentations at CES® 2024.” It was scheduled to appear there during January 2024 in Las Vegas, Nevada. Continue reading
Bill Ford Asks UAW to Choose His View of the Right Path
“We can stop this now and I call on my great UAW colleagues, some of whom I’ve known for decades, many are close personal friends. We need to come together to bring an end to this acrimonious round of talks. I still believe in a bright future, one that we can build together. I still believe the automobile industry is a major force for good in our country and we will continue to be there when America needs us most. Continue reading
Posted in economy, financial results, manufacturing, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Executive Chair Bill Ford, ford motor, Ken Zino, Kentucky Truck Plant, ktp, Shawn fain, UAW 2023 contract talks
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UAW On Strike at Stellantis Sterling Heights RAM Plant
The move comes just days after UAW President Shawn Fain detailed the current proposals across the automakers, highlighting the shortcomings of Stellantis’ current offer. Despite having the highest revenue, the highest profits (North American and global), the highest profit margins, and the most cash in reserve, Stellantis lags behind Ford and General Motors in addressing the demands of their UAW workforce. Currently, Stellantis has the worst proposal on the table regarding wage progression, temporary worker pay and conversion to full-time, cost-of-living adjustments (COLA), and more, UAW president Shown Fain told members in his weekly address. Thus far Stellantis has not commented. Continue reading →