The United Auto Workers union (UAW) has announced a tentative agreement to end its strike with Stellantis, which was the single largest auto strike in the United States in more than a decade. The agreement was reached after a 10-day strike and negotiation between union leaders and Stellantis, the newly merged company between Fiat Chrysler and Peugeot.
The agreement includes substantial economic and job security protections, a ratification bonus for all employees, and improved investment in UAW-represented plants. The UAW has not yet released the details of the tentative contract.
The UAW will now put the agreement to a vote among its members for ratification. UAW President Rory Gamble said in a statement, “The UAW and Stellantis bargainers worked tirelessly in a difficult environment to reach this agreement which will benefit UAW-represented employees at Stellantis. We look forward to a vote by our members and honoring the results promptly.”
If ratified, this agreement could help break the cycle of repeated labor disputes in the automotive industry, while giving Stellantis the opportunity to make the necessary investments in technology and training needed to remain competitive in the global auto market.