OEMs

Stellantis Exec Says UAW Pact Should Be Based on ‘Economic Realism’

Written by Laura Miller

August 14, 2023

Stellantis is apparently not thrilled with the demands of the United Auto Workers (UAW) union as the parties make their way through this year’s labor negotiations.

According to a Reuters article on Aug. 11, the North America COO of Stellantis, Mark Stewart, sent a letter to employees saying that the union needs “a focus on reality from everyone involved.”

In its negotiations with the Big 3 Detroit automakers, the UAW is seeking “record contracts” in the wake of “record profits” from the automakers. The union’s demands include a 40% pay raise over the life of the contract, better healthcare benefits, a return of pensions, and more. The current labor contract is set to expire Sept. 14 at 11:59 p.m.

As SMU previously reported, UAW president Shawn Fain filed an alternative proposal from Stellantis where he said it belonged: In the trash. At the time, he said Stellantis’ “proposals are a slap in the face.”

However, “The theatrics and personal insults will not help us reach an agreement,” Stewart wrote in the recent letter to employees, Reuters said.

Stellantis “is committed to working the UAW to reach an agreement based on economic realism,” Stewart’s letter said, according to Reuters.

A spokesperson for Stellantis told SMU in an email the company had “no additional comment from what’s in the letter.” The UAW did not return SMU’s request for comment as of the publishing of this article.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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