The Stellantis voluntary buyout offer comes as the automotive industry deals with potential headwinds. ... according to a copy of the offer letter obtained Thursday by the Free Press. ...

Stellantis announces 900 US worker layoffs amid tariffs. The Trump administration raised tariffs to a standard 10% on all imports, with auto imports seeing a 25% hike.

Stellantis has initiated a voluntary buyout programme for select US factory ... The buyout amounts range from $50,000 for employees with up to 15 years of service to $72,000 for those with ...

According to the Detroit Free Press, Stellantis is offering lump sum payments for employees with at least one year of service. This information reportedly comes from a letter sent to workers. Payments ...

Stellantis management will decide who is approved “based on business needs,” according to the letter. The offer period for the buyout runs from Monday to May 8.

UAW hourly employees at the Detroit Assembly Complex, Sterling Heights Assembly Plant, Toledo Assembly Complex, Trenton Engine Plant, Warren Stamping Plant, Warren Truck Assembly Plant, parts distr… ...

Stellantis NV has offered hourly employees across multiple Detroit and Toledo-area facilities buyouts worth $50,000 or more, the latest move by the automaker as it seeks to reduce costs and ...