Tag: News

With Important Product-Led Transition Year Underway, Stellantis Delivers €5.6 Billion Net Profit, €8.5 Billion AOI(1) and 10% AOI Margin(2) in the First Half of 2024 AMSTERDAM, July 25, 2024 – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down […]

As a result of the company’s 2023 North American financial performance, Stellantis announced today the eligible profit sharing amount of $13,860 for its UAW-represented workforce. Actual payments will be based on individual compensated hours and payable on Feb. 29, 2024. Approximately 38,000 employees are eligible to receive the payment. “This profit sharing payment recognizes the efforts of […]

December 21, 2023, Auburn Hills, Mich. – Just in time for the holidays, nearly 165 Stellantis employees who were laid off when the Belvidere Assembly Plant idled returned to full-time positions this week.   The employees will support operations for Mopar, the Company’s parts and service division, at a warehouse in Belvidere, Illinois, a community […]

Stellantis confirms today that its U.S. represented workforce has ratified a new collective bargaining agreement with the UAW.  “With negotiations now officially behind us, we will focus our full attention on executing our Dare Forward 2030 strategic plan and serving our customers by delivering the high quality products and technologies they want and expect, especially as we prepare to launch eight all-new electric […]

We stayed true to our commitment to find a solution for the Belvidere Assembly Plant. In the months since the facility was idled, we have been in discussions with Governor Pritzker and other elected leaders on opportunities to continue our presence in Belvidere. Responsibly, we offered employees roles at other locations and packages across our […]

The UAW’s decision to take strike action at the Sterling Heights (Michigan) Assembly Plant immediately resulted in additional temporary layoffs.  Stellantis will layoff a total of 525 employees from the following stamping operations:  The plants provide stamped parts for the Ram 1500. Production in support of other vehicle programs continues.  Across its facilities in three […]

We are outraged that the UAW has chosen to expand its strike action against Stellantis. Last Thursday morning, Stellantis presented a new, improved offer to the UAW, including 23% wage increases over the life of the contract, nearly a 50% increase in our contributions to the retirement savings plan, and additional job security protections for our employees. Following multiple conversations that […]

Negotiations between Stellantis and the UAW continue to be productive, building on the momentum from the past several weeks. We have made progress on narrowing the gaps on significant issues that will bring immediate financial gains and job security for our employees. Our focus remains on resolving those issues as soon as possible and finding […]