The UAW and Stellantis have a tentative agreement, according to multiple sources with knowledge of the situation Saturday.
The deal addresses a key issue for the union by adding a new product to the idled Belvidere Assembly Plant in Illinois, according to two of those sources, who were not authorized to speak about the deal. No details were immediately available.
Other items in the agreement include wage increases equaling 25% over the life of the contract, a $5,000 ratification bonus and the ability for employees with at least one year of seniority to participate in a company new car lease program, according to sources. A text message to local union members indicated that 3,200 supplemental employees would be rolled over to permanent status within 90 days of ratification and that starting pay for supplemental workers would be $21 an hour.
The proposed labor agreement, which followed numerous meetings between union and company officials over the past week, leaves only General Motors without a tentative union agreement among the Detroit Three, 44 days after the union’s strike began against the automakers.
[The UAW walked off the Dodge Ram line this week because Stellantis wouldn’t offer more than 23% and the union wanted 25% raises. Estimates were that shuttering the lucrative Ram line was going to cost the company $200M a week. Guess arguing over the extra 2% wasn’t worth that. ~ Beege]
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