In a major breakthrough for the automotive industry, Stellantis, the maker of Jeep, has reached a tentative contract agreement with the United Auto Workers (UAW) union, following the template set by Ford earlier this week. The deal, which still requires ratification by union members, leaves only General Motors without a contract. If approved, the agreement could bring an end to the six-week strike by more than 14,000 Stellantis workers across various assembly plants in Michigan and Ohio, as well as parts warehouses nationwide.

Sources with knowledge of the negotiations revealed on Saturday that the Stellantis contract closely mirrors many of the key provisions outlined in the Ford deal. According to these sources, the Ford pact includes a 25% increase in general wage over the next 4 1/2 years for top assembly plant workers, with 11% coming into effect upon ratification. Additionally, workers will receive a cost-of-living pay adjustment, bringing the total wage increase to over 30%, with top assembly plant workers earning more than $40 per hour. In contrast, top-scale workers at Stellantis currently earn around $31 per hour.

The proposed Stellantis contract will also align with the Ford deal in terms of duration, running through April 30, 2028. Notably, the agreement includes plans for a new vehicle production at a previously idled factory in Belvidere, Illinois, which had faced the threat of closure.

Bruce Baumhower, president of the local union at a large Stellantis Jeep factory in Toledo, Ohio, expressed optimism regarding the contract's approval. He cited the substantial pay raises above 30% and an immediate significant raise of 11% as key factors that could influence workers' decision. Baumhower considered the agreement historic, highlighting the importance of a strong showing of support.

While negotiations with Stellantis appear to be reaching a resolution, talks continued on Saturday between the UAW and General Motors, in an effort to reach a similar contract agreement. Over 14,000 GM workers remain on strike at factories in Texas, Michigan, and Missouri.

The UAW initially initiated targeted strikes against the three automakers on September 15, following the expiration of the union's contracts with the companies. The strike action began with one assembly plant from each company and was subsequently expanded to include parts warehouses. The strike reached its peak with approximately 46,000 workers on strike against the Detroit three automakers, causing disruptions in manufacturing systems due to parts shortages.

If approved, the Stellantis contract will bring relief to workers, who have fought for improved wages and benefits. The agreement follows a trend in recent months, where various unions have successfully negotiated pay hikes and other benefits for their members. With the Ford and Stellantis deals paving the way, the UAW remains hopeful for a swift resolution with General Motors.

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