Stellantis (STLA) option implied volatility amid union contracts talk headlines

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UAW to hold a vote authorizing a strike as talks continue at slow pace

August 15, 2023 2:01 PM EDT

Union President Shawn Fain released a statement Tuesday indicating that negotiations with Detroit automakers continues to move at a snails pace and have yet to even address the issues surrounding wages and other economic issues.

The United Auto Workers union (UAW) boasts a membership of approximately 146,000 members who will vote next week on authorizing their leaders to call strikes against the Big Three. The unions contracts with General Motors (NYSE: GM), Ford (NYSE: F) and... More