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This marks the second round of salaried buyouts this year for Stellantis and comes weeks after a tentative deal with

GM is expected to invest $13 billion in U.S. facilities under new UAW deal

Details of the deal were released Saturday after local UAW-GM leaders approved the pact, which must still be ratified by

Fain plans to use record contracts recently won with GM, Ford and Stellantis to assist in the union's embattled organizing

After reaching a tentative agreement Saturday with the United Auto Workers union , Chrysler-parent Stellantis is now facing a national

The 4 ½-year tentative agreement will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then

The tentative deal is the result of contentious negotiations, which saw thousands of union members walk out of plants and

General Motors and the United Auto Workers could be close to a deal to end a weekslong strike, after Ford

A tentative agreement could be announced as early as Wednesday night, pending approval of local UAW leaders, sources told CNBC.

The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back