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.
Grafico Azioni Stellantis NV (BIT:STLA)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Stellantis NV
Grafico Azioni Stellantis NV (BIT:STLA)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Stellantis NV