The international company that owns the American brands is struggling with a glut of unsold cars and smaller profits. The layoffs could have ripple effects through its U.S. workforce of 52,000.
Chrysler
Posted inNPR
U.S. automakers had a punishing week — with a silver lining for shoppers
The four major U.S. automakers — GM, Ford, Stellantis and Tesla — all reported earnings this week and saw their stocks decline. The auto industry is at a “Darwinian” inflection point, says one CEO.
