UAW Secures $18.9B in Investments and 5,000 New Jobs from Stellantis After 44-Day Strike
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UAW secured $18.9B in investments from Stellantis, adding 5,000 jobs. Gains include wage increases, retirement incentives, and transition support.
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Deal follows pattern of Ford agreement. Includes plant investments, EV transition help, wage hikes, reduced time to top pay, and more.
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Saves Belvidere plant with $1.5B truck investment and new battery plant. Restores 1,200 lost jobs. Workers can return or transfer.
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Adds Juneteenth holiday, paid parental leave, increased tool allowance, and more. Retirees get $500 annual bonus and other gains.
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Comes after a 44-day strike. Toyota boosted wages in response, showing industry impact. UAW has deal with GM, will vote Friday.
