​Stellantis Pausing Production Of Durango And Grand Cherokee Due To “Slow Sales” – Tyler Durden

Stellantis Pausing Production Of Durango And Grand Cherokee Due To “Slow Sales” Signs from the auto industry continue to look grim. Yesterday it was Ford guiding expectations below Wall Street’s estimates and today it’s Stellantis announcing it is pausing production of its Durango and Grand Cherokee models due to “slow sales”. Manufacturing facilities at FCA’s large Detroit Assembly Complex – Jefferson will be paused for a week, Motor 1 reported. Stellantis told its workers there would be a ‘temporary shutdown’ and ‘subsequent layoffs’ as a result. Mopar Insiders first posted the “Important Notice of Layoff” memo, which said: “There will be no scheduled…  — Continue at ZeroHedge News : Read More