Stellantis (STLA) Plans low-cost Fiat EV

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Go back to Stellantis (STLA) Plans low-cost Fiat EV

'The clock is ticking', UAW calls Stellantis (STLA) contract 'trash'

August 9, 2023 9:46 AM EDT

UAW union President Shawn Fain angrily discarded contract offers from Stellantis (STLA) Tuesday as he discussed the extensive concessions that the Chrysler parent company is aiming to secure during their negotiations over labor matters.

Fain called the proposals a slap in the face during an online chat meeting, revealing that the company is suggesting reductions in health-care benefits, a decrease in vacation days for new employees,... More

General Motors (GM) plans employment hike next year despite concerns of EV labor demand

August 7, 2023 2:08 PM EDT

On Friday, General Motors (NYSE: GM) announced its plans to increase employment next year, despite concerns raised by autoworkers regarding the potential reduction in labor demand due to the transition towards electric vehicles. GM's manufacturing chief, Gerald Johnson, confidently stated that he disagrees... More