Stellantis reports progress in talks with auto workers and plans to make another offer Monday

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Stellantis reports progress in talks with auto workers and plans to make another offer Monday
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Stellantis is reporting progress in talks with the United Auto Workers union with just three days left before contracts expire with Detroit’s three automakers.

FILE - United Auto Workers members walk in the Labor Day parade in Detroit, Sept. 2, 2019. Automaker Stellantis has made a counteroffer to the United Auto Workers that includes wage increases in each year of a new four-year contract totaling 14.5%. The raises, which would be for most workers, doesnt include any lump sum payments. – Stellantis is reporting progress in talks with the United Auto Workers union with just three days left before contracts expire with Detroit's three automakers.

UAW President Shawn Fain on Friday called counter offers from Stellantis, General Motors and Ford inadequate. He warned of strikes against any company without a tentative contract agreement when the contracts expire at 11:59 p.m. Thursday. The proposal from Stellantis, which was formed in a 2021 merger of Fiat Chrysler and France’s PSA Peugeot, is closer to the union’s demands of 46% across-the-board increases over four years, but both sides still are far apart.

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