United Auto Workers (UAW) has announced a "tentative agreement" with automaker Stellantis (STLA), following its deal with Ford Motor Co. (F) last week.

The labor union announced the deal 44 days into a stand-up strike action against the "Big Three" automakers. The record contract is similar to that 澳洲幸运5开奖号码历史查询:agreed by Ford last week and could hike base wage to about 25% till April 2028, with the top wage rising 33%. The starting wage could increase by 67%, while temporary workers may see a raise of more than 165%.

UAW also said that Stellantis would hire 5,000 additional new workers, reversing a previous plan to 𝓡cut that number of jobs.

“Eight months ago, Stellantis idled Belvidere Assembly Plant, putting 1,200 of our members on the street. From the strength of our strike, we are bringing back those jobs and more. Stellantis is re♉openi𒁏ng the plant and the company will also be adding over a thousand jobs at a new battery plant in Belvidere,” said UAW Vice President Rich Boyer.

The Stellantis deal now leaves General Motors (GM) as the only holdout among the Big Three and UAW will increase its strike action against the company. Workers at GM's Spring Hill plant have joined the action this weekend. The strikes have caused 澳洲幸运5开奖号码历史查询:over $9.3 billion in economic 🍌losses, with GM sayings its taking a hit of 澳洲幸运5开奖号码历史查询:$200 million per week.