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Ford, Stellantis, and GM workers overwhelmingly ratify new contracts that raise pay across industry

Ford, Stellantis, and GM workers overwhelmingly ratify new contracts that raise pay across industry

CBSN
Saturday, November 18, 2023 08:02:59 PM UTC

The United Auto Workers union overwhelmingly ratified new contracts with Ford and Stellantis, along with a similar deal with General Motors will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fueled vehicles.

Workers at Stellantis, the maker of Jeep, Dodge and Ram vehicles, voted 68.8% in favor of the deal. Their approval brought to a close a contentious labor dispute that included name-calling and a series of punishing strikes that imposed high costs on the companies and led to significant gains in pay and benefits for UAW workers.

The deal at Stellantis passed by a roughly 10,000 vote margin, with ballot counts ending Saturday afternoon.

Read full story on CBSN
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