Automaker Stellantis lays off hundreds of American workers, blaming high cost of making electric cars

in a statement emailed to FOX Business on Friday that the industry had been adversely affected by factors including the ongoing COVID-19 pandemic, the global microchip shortage and the increasing cost related to the electrification of the automotive market, which it said was the most impactful.

The automaker said that a number of actions had been taken to stabilize production and improve efficiency at itsto "preserve affordability and customer satisfaction in terms of quality." However, while considering other avenues to optimize operations, Stellantis said the decision had been made to idle the Belvedere plant starting on Feb. 28, 2023. A Stellantis sign outside company headquarters in Auburn Hills, Michigan, June 10, 2021., which are expected to exceed six months and may constitute a job loss under the Worker Adjustment and Retraining Notification Act. As a result, WARN notices have been issued to both hourly and salaried employees," it said.

mars cars

Biden is going to bankrupt us all. Sad thing is I think that is part of his plan.

FreedomsTaken

How about the high cost of buying them!

People over the age of 50 Are the first to be laid off, and the last to be Re-hired. What is Biden going to do for us? Nothing GenX

Supposedly Biden creating all green energy jobs instead

What?

It all started January 20, 2021 with a stroke of a pen, and the pens have yet to stop torching our country. 81 million asked for this

Thank you POTUS people are loosing jobs for climate change!! Shame on you. What about the cars catching fire? What are you going to do about that? Replacing the battery in an electric car is as expensive as the car itself!!!

Didn't see that coming.

I’m not surprised … it is a terrible thing to do to those poor autoworkers only two weeks before Christmas!(why couldn’t management have waited until after New Year’s before turning everyone affected into “Mr. Mom”?)

Funny ..just when Biden is bragging about bringing in jobs

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Source: Reuters - 🏆 2. / 97 Read more »