Mercedes-Benz workers to vote on UAW membership in May [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
WHY IT'S IMPORTANT Winning a vote to organize workers at Mercedes' Tuscaloosa plant will be a big victory for the UAW as it makes renewed attempts to bring factory employees of foreign-owned automakers in the U.S. into its fold. The elections follow months of organizing efforts at several non-union automakers owned by foreign companies such as Hyundai Motor and Toyota Motor. CONTEXT Earlier this month, workers at the Mercedes plant filed an election petition with the National Labor Relations Board (NLRB) to hold an election to join the UAW. The UAW's record contracts with the Detroit Three Automakers - General Motors, Ford Motor and Chrysler parent Stellantis - have increased calls to organize non-union automakers. This week, workers at Volkswagen's Chattanooga, Tennessee plant will be voting on their decision to join the union. The UAW organizers have twice lost a vote at that plant, narrowly missing a majority in 2014 and 2019. BY THE NUMBERS The UAW said earlier th
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- Completion of the First Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (April 26-29, 2024)GlobeNewswire
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STLA
Sec Filings
- 4/30/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/24/24 - Form 4
- STLA's page on the SEC website