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First Major Concession in Stellantis-UAW Dispute by End of 2024?
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Resolution / Starting Odds
Stellantis • 25%
UAW • 25%
Both Simultaneously • 25%
No Concession • 25%
Official announcements from Stellantis or UAW, major news outlets
Story
Chrysler Owner Stellantis Sues UAW Over Strike Threats, 2023 Bargain Agreement Dispute
Oct 4, 2024, 09:30 PM
The United Auto Workers (UAW) union members at Stellantis' Los Angeles parts distribution center have overwhelmingly voted in favor of authorizing a strike if the carmaker fails to make promised investments in the U.S. In response, Chrysler owner Stellantis has filed a federal lawsuit against the UAW, claiming that the union's strike threats are illegal and violate their 2023 bargain agreement. The lawsuit, filed in a California federal court, seeks to hold the UAW liable for revenue loss and other damages resulting from any potential strike. The dispute centers around delayed investments, including a promise to reopen a shuttered plant in Belvidere, Illinois.
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Court rules in favor of Stellantis • 25%
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