On the first day of the strike, President Biden said UAW workers “deserve a contract that sustains them and the middle class.” We agree and presented a record offer. Here are the facts: 21.4% compounded wage increase including a 10% increase at ratification, $1 Billion in retirement security benefits, inflation protection measure, job security and more. Unlike the non-unionized transplants and EV startups who comprise the majority of the U.S. market, Stellantis relies on the collaboration between management and labor to ensure that our company remains competitive and, therefore, sustainable. That is a position we have proudly embraced. But it also requires a balanced agreement that fairly rewards our workforce for their contribution to our success, without significantly disadvantaging Stellantis against our non-union competitors. We stand ready to sign a record contract that positions our company to continue providing good jobs here at home and be the winner as the U.S. transitions to an electrified future.