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Jeep-owner Stellantis and California strike Trump-proof deal on emissions

2024 Fiat 500e "Inspired By Beauty" model (Source: Stellantis) Stellantis – the parent company of Jeep, Chrysler, Jeep, Fiat, Dodge, and Ram – says that it will comply with California’s stricter emissions policy requiring two-thirds of new cars to be zero-emissions or all-electric by 2030 – and will commit to the deal even if former President Donald Trump makes a return to office and tries to dismantle the policy. According to a statement from California Governor Gavin Newsom, Stellantis…

Jeep-owner Stellantis announces mass layoffs, blames California

Stellantis has announced that it plans to cut what will likely be thousands of jobs from its Jeep plants in Detroit and Toledo, Ohio, blaming California’s emissions regulations for putting the company at a competitive disadvantage. Stellantis, which also owns the Ram, Chrysler, Dodge, and Fiat brands, has indicated that 2,455 workers may be impacted at the Detroit plant where its makes the Jeep Grand Cherokee, as well as an additional 1,225 workers at a plant in Toledo that produces the Jeep…

Jeep-Owner Stellantis Offers Buyouts to U.S. Salaried Workers

Stellantis STLA -0.37% NV, the global parent of Jeep, Chrysler and other auto brands, said Friday it is offering voluntary buyouts to U.S. salaried employees as part of a restructuring to sharpen focus on new technologies and low-emissions vehicles. The car company said it is offering the buyouts to certain white-collared employees this month with benefit packages that wouldn’t otherwise be available to them. The offers target…