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Stellantis to idle Jeep plant, lay off staff to chop prices for EVs | NEWSRUX

2016 Jeep Cherokee Sport

Supply: Jeep

DETROIT – Stellantis mentioned Friday that it plans to indefinitely idle a Jeep plant in Illinois, beginning early subsequent yr, to chop prices because it invests in electrical autos.

The transatlantic automaker, previously often known as Fiat Chrysler, mentioned the plant will stop manufacturing as of Feb. 28. The greater than 1,200 staff on the facility, which produces Jeep Cherokee SUVs, will likely be positioned on indefinite layoffs, the corporate mentioned.

“Our business has been adversely affected by a mess of things like the continued COVID-19 pandemic and the worldwide microchip scarcity, however probably the most impactful problem is the growing value associated to the electrification of the automotive market,” Stellantis mentioned in an emailed assertion.

The corporate described the idling as a “troublesome however crucial motion.” It mentioned it’s “working to determine different alternatives to repurpose the Belvidere facility and has no further particulars to share at the moment.”

Stellantis didn’t instantly reply for touch upon whether or not recessionary fears or the corporate’s collective bargaining subsequent yr with the United Auto Staff union performed into its choice.

Forward of the 2018 UAW negotiations with the Detroit automakers, Common Motors introduced plans to probably shut a number of amenities. Solely one of many main meeting crops – Lordstown Meeting in Ohio – for the automaker truly ended up closing following the negotiations.

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