The United Auto Workers and Stellantis negotiators are said to have agreed on the terms of a tentative deal that would end weeks-long labor strikes across the United States, people familiar with the matter told CNBC on Saturday.
However, sources failed to disclose more details about the potential agreement, though the official announcement could be expected later today. The news comes amid reports that the labor group was nearing a deal with General Motors Company.
Last week, the union reached a tentative agreement with Ford Motors Company.
