The United Auto Workers union and Stellantis have reached a tentative contract agreement, the union announced Saturday.
The United Auto Workers union and Stellantis announced Saturday they have reached a tentative agreement, more than 40 days after the union launched a strike against the big three U.S. automakers."Once again, we have achieved what just weeks ago we were told was impossible," UAW President Shawn Fain said in a statement.
According to the UAW, the tentative agreement includes 25% in base wage increases through April 2028 and will raise the starting wage to more than $30 an hour compounded with estimated cost-of-living allowances. Stellantis North America COO Mark Stewart in a statement thanked "all the negotiating teams who have worked tirelessly for many weeks to get to this point."
The UAW said its members will return to work at Stellantis while the agreement goes through the ratification process.President Joe Biden called it a "groundbreaking contract" that offers "record raises, more paid leave, greater retirement security, and more rights and respect at work." "I applaud the UAW and Stellantis for coming together after hard fought, good faith negotiations to reach a historic agreement that will guarantee workers the pay, benefits, dignity and respect they deserve," he said in a statement. "I want to applaud the UAW and Stellantis for agreeing to immediately bring back all of the Stellantis workers who have been walking the picket line on behalf of their UAW brothers and sisters.
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