Wintrust Business Minute: Belvidere UAW members may file grievances against Stellantis

Wintrust Business Lunch

Dave Schwan has the business news of the day with the Wintrust Business Minute.

UAW members around Belvidere, near Rockford, may file grievances against automaker Stellantis. The company committed to investing nearly $5 billion last year to retool the Belvidere plant for production of a new midsize truck. It was part of the agreement to end last year’s strike by the UAW. The plan was expected to bring thousands of jobs to Belivdere by 2028, but now it might not happen by then. Stellantis has said it wouldn’t launch the truck production by 2027, as originally scheduled.

General Motors is cutting over a thousand jobs, saying they need to streamline operations.

https://serve.castfire.com/audio/5913998/5913998_2024-08-20-202338.64kmono.mp3

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