Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs

Key Facts

• The transatlantic automaker, formerly known as Fiat Chrysler, said the plant will cease production as of Feb. 28.
• The more than 1,200 workers at the facility, which produces Jeep Cherokee SUVs, will be placed on indefinite layoffs, the company said.
• "Our industry has been adversely affected by a multitude of factors like the ongoing COVID-19 pandemic and the global microchip shortage, but the most impactful challenge is the increasing cost related to the electrification of the automotive market," Stellantis said in an emailed statement.
• It said it is "working to identify other opportunities to repurpose the Belvidere facility and has no additional details to share at this time."

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