Overview

• The United Auto Workers union is planning strikes against Stellantis, accusing the automaker of breaking contract promises.
• UAW President Shawn Fain stated that 28 local chapters have filed grievances, with 18 nearing strike authorization votes.
• Key issues include delays in a new battery plant in Illinois and potential plans to move Dodge Durango production out of the U.S.
• Stellantis' North American operations have struggled, with lagging sales and bloated inventories, making the automaker vulnerable.
• The timing of potential strikes coincides with the U.S. presidential election, drawing attention from both Kamala Harris and Donald Trump.