• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

UAW workers at Stellantis vote in favor of strike authorization at LA parts center

by October 4, 2024
written by October 4, 2024

(Reuters) – The United Auto Workers union said on Friday that members at Stellantis (NYSE:STLA)’ Los Angeles parts distribution center voted in favor of authorizing a strike if the carmaker failed to settle grievances with the union over investments in the U.S.

Stellantis did not immediately respond to a request for comment.

The vote is the first of what is expected to be several such votes as the union seeks to apply pressure on Stellantis.

UAW President Shawn Fain last month accused Stellantis of breaking its promises and said several of its union local chapters were laying the groundwork for strikes. In a letter last week, Fain urged workers to authorize a strike.

The union’s grievances center around the company’s product and investment commitments made during the contract negotiations last autumn, which Stellantis has denied failing to honor.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Xiaomi stock target raised at Goldman on EV success
next post
Musk’s X seeks resumption of Brazil service as fines paid

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • India’s former PM Manmohan Singh cremated with state honours
    • US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy