European auto giant Stellantis said Thursday it would lay off 1,100 workers at its Jeep factory in Toledo, Ohio, in an effort to "regain its competitive edge" as it struggles with falling sales.

Stellantis is laying off approximately 1,100 workers at its Jeep plant in Ohio, as the company grapples with surging inventory levels.

Stellantis said the decision was needed to manage output levels to better align with sales as it works to cull a stockpile of unsold vehicles.

which builds gas-powered and hybrid versions of the Jeep Wrangler. Tinson said about 4,400 workers are employed at the complex, but the company is not providing a breakout of the number at the South ...

Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at ...

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