The maker of Jeep Wranglers and Ram trucks, Stellantis NV, reached a tentative agreement with the United Auto Workers to end a 44-day strike, days after Ford Motor Company reached a deal with the union.
The tentative agreement, which must still be approved by local union leaders and ratified by Stellantis’ 43,000 members, calls for a 25% hourly pay hike plus cost-of-living allowances over the four-year contract:
The agreement grants 25% in base wage increases through April 2028, and will cumulatively raise the top wage by 33% compounded with estimated COLA to over $42 an hour. The starting wage will increase by 67% compounded with estimated COLA, to over $30 an hour. The lowest-paid workers at Stellantis, temporary workers, will see a raise of more than 165% over the life of the agreement. Some workers at Mopar will receive an immediate 76% increase upon ratification. –UAW statement