MARKET MOVERS

  • Stellantis to stop operations at Jeep Cherokee factory. Stellantis said the plant, which produces the Jeep Cherokee SUV, 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 most impactful challenge is the increasing cost related to the electrification of the automotive market.
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