The United Auto Workers (UAW) reportedly escalated their actions against automakers by targeting Stellantis N.V.'s STLA largest assembly plant, directly affecting the production of the profitable RAM 1500 pickup truck.
This move marks a significant broadening of the strike, which has already lasted over a month.
Stellantis, with its headquarters located in Amsterdam, is now dealing with approximately 6,800 additional workers from a Michigan truck plant joining the strike, reported Reuters.
The UAW blamed the latest walkout by 6,800 workers at the Michigan plant on Stellantis having the worst proposal on the table on wage hikes, temporary worker pay, and conversion to full time status as well as cost-of-living adjustments, as per the report.
With this recent development, the total number of striking union members across Ford Motor Company F, General Motors Company GM, and Stellantis has surged past 40,000 since the initial walkouts on September 15, the report noted.
The UAW has been organizing simultaneous strikes against the trio of Detroit-based automakers. Their demands include a 40% wage increase with an immediate 20% bump, enhanced benefits, and the inclusion of EV battery plant employees in union agreements.
Shawn Fain, the President of UAW, has said that without improved wage and benefit offers, more walkouts at other U.S. truck and SUV manufacturing sites might be on the horizon.
The UAW's approach at the Stellantis plant mirrors their recent exit from Ford's Kentucky Truck assembly plant.
Also Read: UAW Strike Ripple Effect - Layoffs Surge At Major Automakers
Price Action: STLA shares are trading higher by 1.40% at $19.15 on the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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