The policy advantages automakers with greater U.S. production like Tesla Inc., which doesn't import any vehicles for sale in ...
The voluntary termination of employment program applies to more than 20 plants across the two workforce markets.
Stellantis is offering buyouts to union workers at more than 20 sites across Michigan, Ohio, and Illinois, with the union ...
Belvidere Assembly Plant will operate on two shifts ... No information on launch team yet." Stellantis appears for now to be backing off plans for a joint venture battery production facility ...
Stellantis will recall an estimated 1,500 workers to its Belvidere Assembly Plant to build a new mid-sized truck. The plant will operate on two shifts, with skilled trades workers recalled first ...
Stellantis NV has offered hourly employees ... it was making investments in several key plants, and reopening its Belvidere Assembly Plant in Illinois, after previously putting that plan on ...
Stellantis operates facilities in Mexico ... adding that the company also plans to reopen its Belvidere Assembly Plant in Illinois in 2027 and build a new midsize truck there.
A year ago, Big Three automaker Stellantis (STLA) warned of a “turbulent” year ahead. The company probably had no idea how true that would be. Slumping sales, bloated inventory, and a ...
That 17% headcount reduction came as the automaker sought cost savings from the deal that created the world’s fourth-largest automaker by volume, and as it continues to navigate the ...
To that end, Stellantis said it would build a new midsize pickup truck at the recently shuttered Belvidere, Ill., assembly plant. Stellantis previously ended production at Belvidere for the Jeep ...
The entire car industry will get serious headwinds from the tariffs, but for Stellantis, the stakes are much higher,” said Pierre-Olivier Essig, a London-based equities analyst at AIR Capital.
President Donald Trump predicted Wednesday that the auto tariffs he is about to impose will lead automakers to shift their car production, and their supply chains, to American factories. But it’s not ...