All about Stellantis (US)

On May 6, UAW-represented workers at Stellantis' Warren Stamping Plant are expected to hold a strike authorization over unresolved health and safety concerns at the facility.

About 1,100 UAW Local 869 members at the Warren facility could take the vote, which would allow union leadership to call for a strike at some point in the future.

The plant, which makes hoods, roofs, liftgates, fenders and more, supplies several Stellantis vehicle assembly facilities in North America.

The UAW on April 30 highlighted several concerns, including flooding, issues with ventilation fans, overall sanitation, and an issue related to outside contractors being used at the plant. 

The union said the grievance process has been exhausted, which gives the plant's workers the ability to strike under the union's national contract agreement with Stellantis.

The UAW said that plant workers already took a separate strike authorization vote on April 2 related to its expired local contract, which is separate from the national contract negotiated in 2023 with the company. 

Stellantis spokesperson Jodi Tinson said "The company is in discussions with UAW Local 869 to assess open health and safety grievances at the Warren (Michigan) Stamping Plant and aims to resolve this matter without a work stoppage."

(Detroit News article on April 30, 2024)

Stellantis announced on April 30 its financial results for the first quarter of 2024, reporting sales of EUR 41.7 billion, down 12% from the same period last year. The company said that volume declines, model mix, and foreign exchange factors were responsible for the decline, which was partially offset by strong actual transaction prices.

Q1 shipments fell 10% YoY to 1.335 million units due to production adjustments and tighter inventory controls. The decline in Q1 shipments was partly due to accelerated shipments in Q1 2023 to build up inventories after supply constraints in the comparable period, and partly due to preparations for the introduction of new models in the second half of 2024.

By region, sales in North America were down 20.0%, Enlarged Europe down 6.4%, Middle East & Africa up 42.2%, South America up 7.3%, and China, India & Asia down 46.4%. In North America, the main market, sales were down due to the transitional period before the introduction of the Ram 1500, a refreshed full-size pickup truck, and the Charger EV, a new full-size EV sedan.

In Europe, shipments totaled 615,000 units, i.e. a decrease of 6.4% YoY from 657,000 units, primarily due to inventory reduction efforts, notably affecting Peugeot 3008, Fiat 500, and Opel Mokka. However, growth is seen in Jeep Avenger, Fiat Ducato & Panda, and Citroën C3.

Global electric vehicle (EV) sales were up 8% year over year, while plug-in hybrid vehicle (PHV) sales in North America jumped 79%.

Based on Stellantis press release (1/ 2)

On April 30, multiple sources reported that the Stellantis Vigo factory will halt part of its production on night shift in May 1, 2024, due to parts shortages. Production in System 1 which is responsible for Peugeot 2008 assembly, will be suspended due to supply issues. The stoppage adds to a series of recent shutdowns at the Vigo plant caused by similar problems.

Based on multiple sources