UAW Strike Threat Looms as Stellantis Faces Backlash for Stock Buybacks and Broken Promises
The UAW is intensifying its conflict with Stellantis due to unmet U.S. investment commitments, highlighted by a 97% strike authorization vote from Denver workers. Stellantis’ $1.1 billion in stock buybacks, instead of fulfilling a $19 billion investment pledge, has enraged workers, prompting widespread support for potential strikes across UAW locals.
