Stellantis Offers Raises, Inflation Protection Measures To UAW As Strikes Continue

Benzinga ·  09/18 20:27

Stellantis NV(STLA.US) hiked its offer to UAW members to include pay raises of nearly 21%, including an immediate 10% increase.The proposal comes after thousands of workers walked off the job Friday at three key auto plants.Meanwhile,Ford Motor(F.US) and General Motors(GM.US) resumed negotiations with the UAW.Stellantis said Saturday that its most recent proposal to the United Auto Workers includes raises of nearly 21% throughout the contract, including an immediate 10% pay increase and the end of wage tiers for some workers, the latest development in a historic showdown between the big three Detroit automakers

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