Stellantis to Lay Off Workers at U.S. Plants Amidst Market Changes and EV Transition

Stellantis, the parent company of Jeep, announced plans to lay off an unspecified number of workers at its U.S. factories in the coming months. This decision stems from a rapidly changing global auto market and increased capital spending for the transition to electric vehicles. Despite recent declines in U.S. sales and higher labor costs, Stellantis emphasized that these actions are necessary to enhance productivity and ensure long-term sustainability. While exact details and reasons for the layoffs remain undisclosed, Automotive News reported that 199 workers were laid off at the Ram pickup truck factory in Michigan.

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