Published 1 year ago

Stellantis seeks 'solution' for shuttered Illinois Jeep plant, CEO says

Summary by Ground News

Stellantis is moving closer to closing its factory in Belvidere, Ill. The factory, which now employs about 1,350 workers, officially was placed on "idle" The UAW said that the decision to idle the plant will not go uncontested.

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The Independent

Stellantis idles Illinois plant, takes step toward closure

Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles

1 year ago·London, United Kingdom

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Reuters

Stellantis seeks 'solution' for shuttered Illinois Jeep plant, CEO says

Stellantis NV Chief Executive Carlos Tavares said the automaker is "looking for a solution" for an Illinois assembly plant scheduled to stop producing Jeep SUVs on Tuesday, but the high costs of producing electric vehicles there may make it hard to keep the plant open.

1 year ago·United Kingdom

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Associated Press News

Stellantis idles Illinois plant, takes step toward closure

Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles. The factory with 1,350 employees officially

1 year ago·United States

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The Hill

Stellantis idles Illinois plant, takes step toward closure

DETROIT (AP) — Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles. The factory, which now employs about 1,350 workers, officially was placed on “idle” by the company on Tuesday. That term means it intends to shut down the plant.…

1 year ago·Washington, United States

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National Post

Stellantis idles Illinois plant, takes step toward closure

DETROIT (AP) — Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to…

1 year ago·Canada

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WTVB

Stellantis CEO: A “solution” for Illinois plant hinges on costs

DETROIT (Reuters) - Stellantis NV Chief Executive Carlos Tavares said Tuesday the company is "looking for a solution" for an Illinois assembly plant scheduled to stop production today, but the status quo cannot continue because of the high costs of electric vehicles. "We need to find a solution for the fact that the technology that has been decided is 40% more expensive" than combustion vehicles, Tavares told reporters during a videoconferen…

1 year ago

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