Stellantis Said Still Have Not Received Response From UAW On Offer Made By Co On Thursday
Portfolio Pulse from Charles Gross
Stellantis has not yet received a response from the United Auto Workers (UAW) union regarding an offer made by the company last Thursday, according to Reuters.

September 22, 2023 | 6:05 pm
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NEUTRAL IMPACT
Stellantis' stock may be affected by the ongoing negotiations with the UAW. The outcome of these negotiations could impact the company's labor costs and operations.
The ongoing negotiations between Stellantis and the UAW could have significant implications for the company's labor costs and operations. If the UAW accepts the offer, it could lead to increased labor costs, which could negatively impact the company's profitability. Conversely, if the UAW rejects the offer, it could lead to labor disputes and disruptions in the company's operations. Therefore, the outcome of these negotiations could have a significant impact on Stellantis' stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100