The deal, which still has to be ratified by members, leaves only General Motors GM without a contract with the union
Jeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers union that follows a template set earlier this week by Ford, two people with knowledge of the negotiations said Saturday.
The agreement could end a six-week strike by more than 14,000 workers at Stellantis STLA, -2.38% assembly plants in Michigan and Ohio, and at parts warehouses across the nation. The people, who asked not to be identified because they are not authorized to speak publicly about the talks, said most of the main points of the deal at Ford will carry over to Stellantis.
Workers also will get cost-of-living pay that would bring the raises to over 30%, with top assembly plant workers making more than $40 per hour. At Stellantis, top-scale workers now make around $31 per hour.The deal includes a new vehicle for a now-idled factory in Belvidere, Illinois, which the company had planned to close.
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