Striking U.S. Auto Union Strikes Tentative Deal with Stellantis

Stellantis agrees to 25% wage increase by 2028, end to wage tiers, and reopening of Illinois assembly plant in tentative deal with United Auto Workers; deal similar to previous agreement with Ford, leaving GM as the only automaker without a preliminary agreement.

After 44 days of striking, the United Auto Workers (UAW) union and Stellantis have reached a tentative agreement. The deal suggests a 25% increase in wages by 2028 and the end of wage tiers.
The deal also includes the reopening of the Belvidere Assembly Plant in Illinois, potentially adding over 1000 jobs at a new battery plant.
Workers are set to return to the assembly, just as the agreement goes through the ratification process. The contract requires ratification through a vote by UAW members.
Stellantis intends to add 5,000 jobs throughout the contract's duration, marking a turnaround from previous job cut plans.
The deal with Stellantis is similar to a previous agreement with Ford, leaving GM as the only automaker from the 'Big Three' (Ford, GM, Stellantis) without a tentative deal yet.