The war of words between Stellantis and the UAW has gone thermonuclear as the president of the union has publicly accused Carlos Tavares of a “piss-poor” job and called for his ouster. Members at the Los Angeles Parts Distribution Center have voted in favor of requesting a strike authorization.

Stellantis (STLA) filed a lawsuit against the United Auto Workers (UAW) union after unionized workers at the company’s parts distribution center in Los Angeles voted to strike against the automaker.

Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders.

Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it's just part of a normal leadership succession plan.