Stellantis to make new contract offer Monday to UAW

A Stellantis sign is seen outside its headquarters in Auburn Hills,

A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing Rights

Sept 11 (Reuters) – Chrysler-parent Stellantis (STLAM.MI) said Monday it plans to make a new counteroffer to the United Auto Workers after the union made its own revised offer on Sunday ahead of the expiration of the current four-year labor deal Thursday night.

The UAW on Friday had rejected revised offers from Stellantis, General Motors (GM.N) and Ford Motor (F.N).

“We are on a good path and remain committed to reaching a tentative agreement without a work stoppage that would negatively impact our employees and our customers,” Stellantis told employees in a an email Monday, adding that Stellantis and UAW subcommittees have reached tentative agreements in a number of important areas, including health and safety.

Reporting by David Shepardson

Our Standards: The Thomson Reuters Trust Principles.

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