DETROIT — Negotiators with the United Auto Workers union and Stellantis have in principle agreed to the terms of a tentative deal following roughly six weeks of targeted U.S. labor strikes by the union, according to sources briefed on the talks.
The terms of the deal must still be approved by UAW leadership before the union plans to officially brief local union leaders and then publicly announce the tentative agreement on Saturday, according to three sources who agreed to speak on the condition of anonymity because the talks are private, according to CNBC.
The union called back more than 16,000 striking Ford workers after reaching a tentative deal with the automaker. Ford’s deal included 25% pay increases over the term of the agreement, including an initial increase of 11%. The raises and benefits cumulatively raise the top wage to more than $40 an hour, including an increase of 68% for starting wages to over $28 an hour.
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