Chrysler parent Stellantis said it will indefinitely halt operations at an Illinois assembly plant in February, citing rising electric vehicle production costs.
The automaker, which employs about 1,350 workers at the Belvidere, Ill., plant that makes the Jeep Cherokee SUV, said the action will result in indefinite layoffs. Stellantis has said it will invest more than $31.6 billion through 2025 to electrify its vehicle lineup. It has also said it expects electric vehicles to account for 100% of its sales in Europe and 50% in the United States by 2030.
Tim Ferguson, president of the United Auto Workers (UAW) Local 1268 union, which represents hourly workers at the Illinois plant, said in an interview that company documents show Cherokee production is moving to the plant. of the company in Toluca, Mexico.
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