Soon after reaching a tentative agreement with Chrysler parent Stellantis NV (NYSE:STLA) on Saturday, the United Auto Workers Union (UAW) announced that its members from General Motors Co‘s (NYSE:GM) Spring Hill Manufacturing in Tennessee have joined the ongoing strike for better pay and other amenities.
What Happened: UAW reached a tentative agreement with both Ford Motor Co (NYSE:F) and Stellantis last week. General Motors is the only one of the Detroit three who hasn’t reached an agreement with the union as of now despite the strike having completed one and a half months.
The UAW is already striking at the company’s Arlington Assembly, Lansing Delta Township Assembly and Wentzville Assembly ...