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UAW rejects Stellantis offer, affordability improves, reputation drives success
United Auto Workers (UAW) president Shawn Fain has rejected Stellantis’ proposed 21% wage increase, prolonging the union’s strike. The offer would have introduced a 10% pay raise immediately after the contract was signed and ended wage tiers at Stellantis facilities.
New vehicle affordability has increased in August, thanks to robust income growth and increased incentives. Despite higher prices and stable interest rates, customers are still benefiting from the market fundamentals.
Reputation, a pioneer in reputation experience management, has released its annual report on the automotive sector. The report highlights the importance of customer reviews in influencing sales and identifies the qualities of the world’s best dealerships.
UAW Rejects Stellantis Offer, Affordability Improves, Reputation Drives Success
The United Auto Workers (UAW) union has rejected Stellantis’ proposed 21% wage increase, prolonging the ongoing strike. UAW president Shawn Fain called the offer a “no-go” and stated that talks with Detroit-Three automakers were progressing slowly. Meanwhile, new vehicle affordability has improved in August, with income growth and increased incentives balancing out higher prices and interest rates. Additionally, Reputation’s annual report on the auto sector emphasizes the significant role of customer reviews in influencing sales and highlights the qualities of successful dealerships.
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