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Even after escalating its strike against Detroit automakers on Friday, the United Auto Workers union still has plenty of leverage in its effort to force the companies to agree to significant increases in pay and benefits. The UAW could, if it chose to, vastly expand the number of workers who could strike assembly plants and parts facilities of General Motors, Ford and Stellantis, the owner of the Jeep and Ram brands. All three companies said that talks with the union continued on Saturday, though officials said they expected no major announcements. In expanding the strike on Friday, the UAW struck only the parts-distribution centers of GM and Stellantis. Ford was spared from the latest walkouts because of progress that company has made in negotiations with the union, said UAW President Shawn Fain.
Persons: , , Daniel Ives, Sam Abuelsamid, Abuelsamid, Ford, Shawn Fain, Wheaton, , Fain, , “ It's, AutoNation, Mike Stanton, David Barnas, Jodi Tinson, Alexandra Olson Organizations: Detroit, United Auto Workers, UAW, General Motors, Ford, Jeep, GM, Wedbush Securities, Guidehouse, Fiat Chrysler . Service, Cornell University, National Automobile Dealers Association, Associated Press Locations: Detroit, Flint , Michigan, Sterling Heights , Michigan, Canada, United States, New York
WASHINGTON, April 25 (Reuters) - Chrysler-parent Stellantis NV (STLAM.MI) wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made public Tuesday. A person briefed on the matter said the figure might be lower than the figure cited in the UAW letter. The action impacted about 1,350 workers at the Belvidere, Illinois, plant that built the Jeep Cherokee SUV and resulted in indefinite layoffs. The UAW letter said openings created by workers leaving would be filled by workers on indefinite layoff. Stellantis said in February that about 40,000 U.S. hourly workers were eligible for profit sharing.
New York CNN —Stellantis is shuttering its Illinois plant in February resulting in indefinite layoffs for 1,350 employees, the company said in a statement, citing increasing costs in the electric vehicle market. The European carmaker said it will “idle” the assembly plant in Belvidere, Illinois on February 23 and said the layoffs are expected to exceed six months. The group’s president Ray Curry said it is “unacceptable” Stellantis isn’t allocating new products to the plant. In October, the company said its joint venture producing Jeep vehicles in China is filing for bankruptcy. Last July, Stellantis made a $35.5 billion commitment to electric vehicles by the end of 2025 to expand its portfolio.
WASHINGTON/DETROIT, Dec 9 (Reuters) - Chrysler parent Stellantis (STLA.MI) on Friday said it will indefinitely halt operations at an assembly plant in Illinois in February, citing the rising costs of electric vehicle production. The automaker, which employs about 1,350 workers at the Belvidere, Illinois, plant that builds the Jeep Cherokee SUV, said the action will result in indefinite layoffs and added it may not resume operations as it considers other options. Stellantis has said it will invest over 30 billion euros ($31.6 billion) through 2025 on electrifying its vehicle lineup. Stellantis spokeswoman Jodi Tinson would not comment on whether the Cherokee production would be moved to Toluca. UAW Vice President Cindy Estrada noted Stellantis imports many vehicles into the United States and said "companies like Stellantis receive billions in government incentives to transition to clean energy.
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