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Stellantis stock drops 4% amid unresolved Canadian labor dispute, while Ford and GM see minor declines.

Market News
29 Sep 2026
24/7 Wall Street
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Bearish
Stellantis stock drops 4% amid unresolved Canadian labor dispute, while Ford and GM see minor declines.

Stellantis shares fell 4-5% due to an ongoing labor dispute in Canada involving the idled Brampton Assembly Plant, which has yet to be resolved. The conflict centers on the plant's potential sale to defense supplier Roshel, opposed by the union Unifor, which threatens wages and benefits and could lead to a strike affecting active Stellantis plants. Meanwhile, Ford and General Motors stocks dipped only slightly, highlighting the issue's specific impact on Stellantis. Investors are watching for updates on contract talks or strike developments that could further affect Stellantis' operations and stock price.

Ford shares are priced at USD 12.31 on Pluang, down 0.57% as of Sep 29, 2026 23:21 WIB. General Motors trades at USD 80.20, down 0.55% with 37% of orders to sell. Both stocks show mild declines compared to Stellantis' sharper drop amid the labor dispute in Canada.

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