In This Article:
Auto giant Stellantis (STLA) — which is comprised of the Jeep, Dodge, Chrysler, and Fiat brands, among others — is laying off 1,100 workers at its Jeep Gladiator manufacturing plant in Toledo, Ohio.
Yahoo Finance autos reporter Pras Subramanian breaks down the latest news for the automaker as it attempts to cut down on costs.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Luke Carberry Mogan.