Stellantis plans to cut jobs at US factories in coming months

The news comes as Stellantis faces increased capital spending to make the transition from gasoline vehicles to electric autos.

DETROIT — Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday.

The statement comes as the company faces increased capital spending to make the transition from gasoline vehicles to electric autos. It also has reported declining U.S. sales in the first quarter, and it has higher costs due to a new contract agreement reached last year with the United Auto Workers

→ Continue reading at KGW TV

Related articles

Comments

Share article

Latest articles