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Stellantis to Reopen Belvidere Plant by End of 2025?
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Resolution / Starting Odds
Yes • 50%
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Official announcements from Stellantis, local government records, 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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Similar markets
Yes, in the US • 25%
Yes, in Europe • 25%
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