Hyperdrive
Stellantis Idles Jeep Plant, Citing Electrification Burden
- Unspecified number of layoffs expected for indefinite period
- Factory has seen several waves of job cuts in recent years
Jeep Cherokees on a lot at the factory in Belvidere, Illinois.
Photographer: Scott Olson/Getty ImagesThis article is for subscribers only.
Stellantis NV plans to idle a Jeep-making factory in Belvidere, Illinois, citing challenges such as cost burdens due to the shift toward electrification of more models.
The automaker said in a statement Friday that the “difficult but necessary action,” effective Feb. 28, will result in layoffs of an unspecified number of workers, which will likely extend for more than six months.