Stellantis, the company behind Fiat, Dodge, and Jeep, has announced that it plans to halt one of its plants and lay off 1,200 workers come February. Its reasoning? Pressure from COVID-19, sure, along with a dash of chip shortages — but mainly all those electric vehicles it has to make.
The factory in question is one that builds Jeep Cherokees in Illinois, and the news comes as the automaker is gearing up for union negotiations. While United Auto Workers argues that “the transition to electrification also creates opportunities” at the plant, an unnamed Stellantis spokesperson told CNBC and The Wall Street Journal that it was instead the reason for the halt. “The most impactful challenge is the increasing cost related to the…
Source: TheVerge
