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The maker of Jeep and Dodge reported a $3.2 billion loss in revenue and a profit loss of just under $800 million during a call with reporters on Tuesday
The United Auto Workers union has reached a tentative new contract agreement with Ford - with a 25% general wage increase. It is the first step towards ending a nearly six-week strike.
Stellantis said 100 more workers have been laid off at the Toledo Machining Plant in Ohio as the United Auto Workers strike is near the end of week five.
The United Auto Workers union is on strike against Detroit's Big Three automakers: Ford, General Motors and Stellantis.
The former Kokomo Tribune building will have a new purpose — housing South Korean workers moving to Kokomo to work at the electric vehicle battery plant.