Stellantis sees US sales dip in 2023, but Jeep, Ram have better 4th quarter
Stellantis saw an overall drop for its U.S. sales in 2023, but two key brands were up at the end of the year.
Stay updated with breaking news from Dare Forward. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Stellantis saw an overall drop for its U.S. sales in 2023, but two key brands were up at the end of the year.
On Friday Stellantis announced further cost-cutting, stating that 400 US salaried employees in engineering, technology and software will be terminated as of March 31, about 2 percent of its salaried workforce.
The record profits reported by Stellantis come straight off the backs of workers, who have been greeeted by a wave of layoffs in 2024.
The world’s third-largest automaker is cutting jobs in the US, Italy and France as the auto corporations seek to gain an edge in the highly competitive electric vehicle market.
Stellantis Starts Production in its Tafraoui Plant in Algeria