DETROIT (AP) — 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 union. Stellantis has about 43,000 factory workers.
“These actions will help improve productivity and ensure the company’s long-term sustainability in a rapidly changing global market,” the Stellantis statement said.
The company wouldn’t give details of when the indefinite layoffs would start or state specific reasons for them, but the trade publication Automotive News reported Monday that Stellantis had laid off 199 full-time workers at its Ram pickup truck factory in Sterling Heights, Michigan, north of Detroit.
'Challengers' review: Prepare to get hot and bothered
Ingenious ways to escape boring conversations without appearing rude
Joey Meneses hits an RBI single in the 10th inning to lead Nationals past Astros 5
House of Horrors survivor Jordan Turpin, 23, goes public with her new BOYFRIEND
Kim Kardashian is surprised by Jimmy Kimmel Live's Guillermo as he models her SKIMS shapewear
WhatsApp launches a major change that makes it much faster to find chats
Five UFO abduction cases that could FINALLY be solved
Review: Taylor Swift's 'The Tortured Poets Department' is great meditative theater
Colleges seek to balance safety and students' right to protest Gaza war
WhatsApp launches a major change that makes it much faster to find chats
Woman charged with murder in crash that killed young brother and sister at birthday party
Clippers facing prospect of no Kawhi Leonard in playoff opener against Luka Doncic and Mavericks