Unifor, the Canadian autoworkers union, plans to begin negotiations with Chrysler parent company Stellantis NV (NYSE:STLA, EPA:STLA) on Wednesday.
Stellantis is the last of the big three Detroit automakers remaining without a contract in place with Unifor, which represents about 8,200 Stellantis workers at two Ontario plants.
The union has set a strike deadline of October 29 at 11:59 ET.
"Our union is looking forward to this next, and final round of talks with the Detroit automakers to secure the terms of our Canadian pattern and to make important additional gains on various Stellantis-specific workplace issues," Unifor National President Lana Payne said in a statement.
"We also have the added challenge of negotiating future product commitments for the Brampton Assembly plant that secures a future for all of our Stellantis members in the EV transition."
In September, Unifor announced a labor deal with Ford Motor Company (NYSE:F). That became the template for a deal reached last week with General Motors Company (NYSE:GM), ending a strike less than 24 hours after it began.
Notably, only 54% of employees voted to approve the Ford deal, while 81% of GM employees voted in favor of their contract.
"Our bargaining team is fully committed to negotiating a strong agreement that delivers on the core priorities set by our members and ensures that unionised autoworkers continue to set the highest standards for all manufacturing workers in Canada," Stellantis master bargaining chairperson James Stewart said in a statement.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
Follow him on Twitter @andrew_kessel