In a new video, the UAW is raising the alarm on mismanagement at Stellantis, where sales and profits are down, while CEO pay is skyrocketing.
Nine months into a new contract with the UAW, Stellantis has failed to uphold key parts of its agreement, and has instead focused on all the wrong things, hurting consumers, dealers, white collar employees, and autoworkers.
The problem isn’t the auto market. GM and Ford are doing fine, while Stellantis’ profits and sales have tanked. Meanwhile, Stellantis CEO Carlos Tavares has given himself a 56 percent raise, making him the highest paid traditional OEM CEO in the world.
“If any autoworker did as piss-poor of a job as Stellantis CEO Carlos Tavares, they’d be fired,” says UAW President Shawn Fain. “The truth is, Stellantis doesn’t want to invest in America.” “Stellantis is in a race to the bottom, driving up prices while cutting staff so overseas executives like Carlos Tavares can have a bigger payday. America invested in Stellantis. Workers have invested in Stellantis. And consumers have invested in Stellantis.”
“It’s time to put an end to corporate greed at Stellantis. It’s time for Stellantis to invest in us. It’s time for a change, and that starts with the man at the top.”
The video is available here, and the media is invited to use the footage.
The post “Something is Rotten at Stellantis”: In New Video, UAW Sounds the Alarm on Stellantis CEO Carlos Tavares appeared first on UAW | United Automobile, Aerospace and Agricultural Implement Workers of America.