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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Stellantis NV | NYSE:STLA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.51 | 3.77% | 14.04 | 14.19 | 13.98 | 14.03 | 12,555,732 | 01:00:00 |
By David Sachs
Stellantis will cut jobs at two Jeep plants in the U.S. to save costs, citing in part emissions rules in California that it said would hurt sales.
The car maker said Friday that layoffs will take place at the Detroit assembly plant and the Toledo, Ohio, assembly plant as early as Feb. 5. Combined, the plants employ over 10,000 workers.
Stellantis said earlier this year that it will embark on cost-cutting measures after losing 3 billion euros ($3.24 billion) in revenue because of U.S. strikes.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
December 08, 2023 03:37 ET (08:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Stellantis NV Chart |
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