Stellantis NV

Stellantis presents raises, inflation defense actions to UAW as strikes continue on
World

Stellantis presents raises, inflation defense actions to UAW as strikes continue on

Demonstrators for the duration of a United Automobile Staff (UAW) follow picket outdoors the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Photos Stellantis claimed Saturday that its most new proposal to the United Auto Workers incorporates raises of nearly 21% over the program […]

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UAW strike brings blue-collar vs. billionaire battle to Detroit
Business

UAW strike brings blue-collar vs. billionaire battle to Detroit

United Auto Workers President Shawn Fain speaks with the media and union members outside the UAW Local 900 headquarters across the street from the Ford Assembly Plant in Wayne, Michigan, Sept. 15, 2023. Matthew Hatcher | AFP | Getty Images DETROIT — The United Auto Workers strike is bringing a blue-collar versus billionaire battle to […]

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Why Stellantis could face a longer strike than Ford or GM
Business

Why Stellantis could face a longer strike than Ford or GM

Supporters cheer as United Auto Workers members go on strike at the Ford Michigan Assembly Plant on September 15, 2023 in Wayne, Michigan.  Bill Pugliano | Getty Images News | Getty Images The United Auto Workers labor union launched targeted strikes against the three Detroit automakers early Friday morning. The stoppages affect three plants that […]

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CNBC Each day Open up: Arm’s surge lends serving to hand to banking companies
World

CNBC Each day Open up: Arm’s surge lends serving to hand to banking companies

Arm Holdings CEO Rene Haas poses for a photo with customers of management just before the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. Michael M. Santiago | Getty Photographs News | Getty Pictures This report is from present day CNBC Everyday Open up, our new, intercontinental markets […]

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UAW president says union will strike at three U.S. auto plants if no deal reached by midnight
Business

UAW president says union will strike at three U.S. auto plants if no deal reached by midnight

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – The United Auto Workers union plans to strike three U.S. assembly plants of General Motors, Ford Motor and Stellantis, UAW President Shawn Fain announced Thursday night. The […]

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Everything you need to know about UAW’s targeted strike plans — and possible lockouts
Business

Everything you need to know about UAW’s targeted strike plans — and possible lockouts

United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023. Rebecca Cook | Reuters DETROIT – The United Auto Workers union is preparing to conduct unprecedented, targeted strikes against Ford Motor, General Motors and Stellantis […]

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GM sweetens UAW offer to include 20% wage increase, other benefits as it tries to avoid strike
Business

GM sweetens UAW offer to include 20% wage increase, other benefits as it tries to avoid strike

General Motors CEO Mary Barra talks with reporters following a meeting with lawmakers from Michigan and Ohio at the U.S. Capitol June 05, 2019 in Washington, DC. Chip Somodevilla | Getty Images DETROIT – General Motors is attempting to avoid a looming strike by the United Auto Workers union through a new offer Thursday that […]

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Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches
Business

Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches

Ford CEO Jim Farley speaks with media after revealing the 2024 Ford F-150 for the Detroit auto show on Sept. 12, 2023. Michael Wayland / CNBC DETROIT – Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead of a Thursday night […]

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UAW barrels toward ‘likely’ strikes against auto companies – here are the latest details
Business

UAW barrels toward ‘likely’ strikes against auto companies – here are the latest details

UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023 Michael Wayland / CNBC DETROIT – The United Auto Workers and Detroit automakers remain far apart ahead of the union “likely” strategically striking the companies after an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said […]

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Here’s every major reveal from the Detroit Auto Show
Business

Here’s every major reveal from the Detroit Auto Show

DETROIT — Even as the ongoing negotiations between the three Detroit automakers and the United Auto Workers labor union overshadowed all else in the industry, some companies used this year’s edition of the Detroit Auto Show to show off new and revamped models on Wednesday. The discussions around a new four-year contract have been tense, […]

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