0935 GMT - Stellantis is among the most mentioned companies across news items over the past six hours, according to Factiva data. The multinational car maker, whose brands include Jeep, RAM and a dozen others, is the target of a strike by the United Auto Workers Union in the U.S. The strike's one-time cost to Stellantis should be about EUR2.5 billion, with another EUR2.8 billion in labor costs as a result of negotiations, according to analysts from Bernstein. The strike at Stellantis currently affects the Ohio Jeep factory but could be expanded. The UAW strike affects Ford and GM as well. Stellantis shares rise 0.4% at EUR17.65. Dow Jones & Co. owns Factiva. (david.sachs@wsj.com)

 

(END) Dow Jones Newswires

September 15, 2023 05:51 ET (09:51 GMT)

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