U.A.W. Reaches Tentative Deal With Stellantis, Following Ford, Amid Inflationary Pressures

The United Automobile Workers (U.A.W.) union has reached a tentative agreement on a new labor contract with Stellantis, the parent company of Chrysler, Jeep, and Ram, following a similar deal with Ford. The agreement includes a 25 percent general wage increase for U.A.W. members and the possibility of cost-of-living wage adjustments. The deal requires approval by a union council and ratification by U.A.W. members. General Motors is the only automaker that has not yet reached an agreement with the U.A.W. The strike has halted production at various plants and warehouses.