Stellantis could close 18 facilities under UAW deal here are the full details of its latest offer
Key Points
- Stellantis' latest offer to the United Auto Workers could lead to the closure of 18 facilities, sources told CNBC.
- The proposal was made before the start of target UAW strikes against Stellantis, Ford and GM.
- The plans would likely affect thousands of UAW members, shrink the automaker's North American footprint and create a new "modernized" parts and distribution network, sources said.
United Auto Workers members attend a solidarity rally as the UAW strikes the Big Three automakers on September 15, 2023 in Detroit, Michigan.
Bill Pugliano | Getty Images
DETROIT The most recent contract proposal by automaker Stellantis to the United Auto Workers union could lead to the closure of 18 U.S. facilities, but it could also bring new investments and repurpose an idled vehicle assembly plant in Illinois, sources familiar with the discussions told CNBC.
The plans would likely affect thousands of UAW members, shrink the automaker's North American footprint and create a new "modernized" parts and distribution network, which company and union leaders were at odds over, the sources said.