Stellantis N.V. (NYSE:STLA) shares are trading higher premarket Tuesday. The United Auto Workers (UAW) union reportedly disclosed that some local units at the company plan to file grievances.
The units could also initiate a nationwide strike, alleging the company has failed to meet its production commitments, reported Reuters.
UAW President Shawn Fain referred to the issue on Monday, “Let me be clear: Stellantis must keep the promises they made to America and our union contract. And the UAW will take whatever action necessary at Stellantis or any other corporation to stand up and hold corporate America accountable.”
The UAW stated that the local units represent tens of thousands of workers, and the dispute centers on agreements Stellantis allegedly made in 2023 as part of a ...
