STELLANTIS
Industry Voices
Stellantis Unveils $50,000 Buyout Offers for UAW Members in 2024
As part of the 2023 UAW agreement, Stellantis initiates $50,000 retirement incentives for UAW Members. These buyouts aid cost reduction by hiring new staff at lower wages. Eligible employees can opt for this offer before December 31st.
By Dabbie Davis
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Stellantis Reduces Production: Massive Layoff to Happen in Two US Sites
Stellantis is cutting jobs at two U.S. Jeep manufacturing plants to reduce costs. The move affects operations at the Mack Avenue plant in Detroit, which makes Jeep Grand Cherokees, and at the Toledo plant, known for producing Wranglers and Jeep Gladiators.
By Dabbie Davis
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Toyota Strengthens U.S. Manufacturing with New EV Battery Hub in North Carolina
By Madelaine Panganiban
