Stellantis is contemplating the layoff of up to 50% of its North American workforce and outsourcing jobs in response to significant pressures in the U.S. market.
The competition has escalated as brands like Hyundai and Kia challenge Jeep's market position, prompting fears of declining sales and market share.
The challenges faced by Stellantis could reflect broader issues in the American auto market, potentially jeopardizing the stability of other major manufacturers like GM and Ford.
The decline of the Chrysler brand, now largely offering minivans, highlights significant struggles within Stellantis as it attempts to reclaim a competitive edge in the U.S. automotive landscape.
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