Stellantis to temporarily lay off 900 US workers
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However, as a result of pausing production at several of Stellantis’ Canadian and Mexican plants, there will be temporary layoffs at the Warren Stamping and Sterling Stamping plants (Michigan) as wel...
From WGLT
Wall Street's major indexes plunged on Thursday, as President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war and heightened the risk of a global economic...
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The automaker's Belvidere Assembly Plant is expected to be revived amid President Trump's tariffs and recent UAW pressure.
Stellantis will revive its Belvidere plant in Illinois in 2027 and produce there a mid-size Ram pickup – but it’s also canceling a battery plant project.
On Wednesday, President Donald Trump announced a 25% “blanket” tariff on cars and trucks worldwide. During a Rose Garden event, Trump welcomed the import fees on vehicles. “Our country and its taxpayers have been ripped for more than fifty years, but it’s not going to happen anymore,” declared Trump. “This will be indeed the Golden Age of America.”
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MyStateline.com on MSNStellantis offers buyouts to union workers at sites in Michigan, Ohio, IllinoisStellantis is offering buyouts to union workers at more than 20 sites across Michigan, Ohio, and Illinois, with the union negotiating a buyout package that gives workers "as many options as possible".
Stellantis, whose profit fell a whopping 70 percent in 2024, anticipates a rebound in late 2025, but in the meantime, things keep getting worse including in Canada. Efforts to adjust production, limit stocks and reduce prices are slow to yield actual results.
Stellantis is offering some employees buyouts at facilities in Detroit and Toledo, Ohio, and Illinois, company spokesperson Ann Marie Fortunate confirmed in an email to Automotive Dive.