Stellantis to Offer Buyouts Amid Electric Vehicle Transition

Stellantis to Offer Buyouts Amid Electric Vehicle Transition
The Stellantis sign outside the Chrysler Technology Center, in Auburn Hills, Mich. on Jan. 19, 2021. Carlos Osorio/AP Photo
The Associated Press
Updated:

DETROIT—Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.

Stellantis on Wednesday said it’s offering buyouts to groups of white-collar and unionized employees in the U.S., as well as hourly workers in Canada.