CNN reports that the United Auto Workers union has reached a tentative agreement with Stellantis, which manufactures Jeep, Chrysler, Ram, and Dodge brands. https://twitter.com/greenhousenyt/status/1718316596261769378 From CNN:
Although union negotiators and the automaker have a deal, it still needs to be presented to and signed off by union leadership before it is announced. That could happen later Saturday.
The tentative agreement with Stellantis Saturday follows a similar deal reached with Ford Wednesday. Neither is official, as they both need to be ratified by a vote of rank-and-file UAW members at the companies before they will take effect.
The Ford agreement includes: • 25% in general wage increases over the next 4 1/2 years for top assembly plant workers with 11% kicking in immediately upon ratification of the deal. • Cost-of-living pay that would bring the raises to over 30%, with top assembly plant workers making more than $40 per hour. Currently, top-scale workers at Stellantis make around $31 per hour. Stay tuned… https://twitter.com/CNN/status/1718329086731575519
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