STLA - Stellantis And UAW Strike Tentative Agreement Ending Six-week Labor Strike | Benzinga
On Saturday, Stellantis (NYSE: STLA) and the United Auto Workers (UAW) union reportedly reached a tentative agreement, after nearly six weeks of targeted U.S. labor strikes.
The agreement's terms still require approval from UAW leadership. Once approved, local union leaders will be briefed, and a public announcement is expected on Saturday, according to CNBC.
The tentative agreement follows a similar 4½-year agreement that was reached between the UAW and Ford Motor (NYSE: F) on Wednesday. The UAW president, Shawn Fain, is due to resume negotiations with General Motors ...