Stock Market News
Stellantis boosts wage hike offer to 19.5%, seeks concessions, UAW says- Detroit News
2023.09.15 21:25
© Reuters. FILE PHOTO: A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo
(Reuters) – Stellantis (NYSE:)’ latest offer to the striking United Auto Workers includes hiking wages by 19.5% and making salaried workers hourly, The Detroit News reported on Friday, citing the union.
The offer also includes consolidating aftersales parts plants and increasing the number of supplemental workers the jeep maker can use, the report said.
