United Auto Workers President Shawn Fain announced plans for strike authorization votes against Stellantis, citing the automaker's failure to meet labor guarantees agreed upon in 2023. The UAW may strike if the company doesn’t fulfill its obligations. Stellantis denied violating its labor agreement and criticized UAW President Shawn Fain for lacking evidence to support his claims. Stellantis, which employs 43,000 UAW members at nineteen U.S. facilities, may face partial strikes at some plants, potentially disrupting operations across its other locations.
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00:00It's Benzinga, and here's what's on the block.
00:02United Auto Workers President Sean Fain announced plans for strike authorization votes against
00:07Stellantis, citing the automaker's failure to meet labor guarantees agreed upon in 2023.
00:13The UAW may strike if the company doesn't fulfill its obligations.
00:17Stellantis denied violating its labor agreement and criticized UAW President Sean Fain for
00:22lacking evidence to support his claims.
00:25Stellantis, which employs 43,000 UAW members at 19 U.S. facilities, may face partial strikes
00:31at some plants, potentially disrupting operations across its other locations.
00:35For all things money, visit Benzinga.com.