Canadian workers’ union Unifor said on Monday that it has commenced strike action at Stellantis NV STLA facilities on failing to reach a tentative agreement for better pay and pensions before the midnight deadline.
What Happened: “We have made progress and we will continue to negotiate through the night,” the union said in a statement. It represents over 8,200 workers at Stellantis across the Windsor Assembly Plant, Brampton Assembly Plant, Etobicoke Casting Plant, Red Deer Parts Distribution Centre and Mississauga Parts Distribution Centre.
The union had previously set a deadline for Sunday, 11:59 p.m. for a strike at Stellantis unless the company agreed to follow the pattern agreement already in place with Ford and General Motors.
Why It Matters: The union opened negotiations with all three Detroit automakers in early August for better pay and pensions. However, it decided to concentrate on Ford on nearing contract expiry. The idea was to reach an agreement with Ford, which could set the ground for contracts with the other two. The union has already managed to ratify new agreements with Ford and GM.
Photo by Jonathan Weiss on Shutterstock
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Read Next: Hertz CEO Says Tesla EVs Cost The Company Heavily Owing To Price Cuts, Higher Costs Of Repair
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
