Stellantis Set To Build More Ram Trucks In Mexico, Potentially Escalating UAW Dispute: Report
Portfolio Pulse from Benzinga Neuro
Stellantis plans to expand Ram truck production in Mexico, potentially straining relations with the UAW. This move follows a recent labor agreement promising U.S. investments. The company faces challenges like a stock downgrade, a recall, and declining U.S. sales.
October 16, 2024 | 10:04 am
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Stellantis plans to expand Ram truck production in Mexico, potentially escalating tensions with the UAW. The company faces challenges like a stock downgrade, a recall, and declining U.S. sales.
The expansion of production in Mexico could strain relations with the UAW, potentially leading to labor disputes. This comes amid existing challenges such as a stock downgrade, a recall, and declining sales, which could negatively impact Stellantis' stock price in the short term.
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