• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

SLD Chicago News

Stories. Lives. Dealin's. CHICAGO

SLD CHICAGO NEWS
Stories. Lives. Dealin's. CHICAGO

  • Home
  • BUSINESS
  • LOCAL NEWS
  • POLITICS
  • REAL ESTATE
  • Meet the Team
  • About/Contact

Jeep Cherokee factory in Belvidere affected by global semiconductor shortage

by

Meanwhile, production of the Jeep Compass in Toluca, Mexico, has resumed.

“Stellantis continues to work closely with our suppliers to mitigate the manufacturing impacts caused by the various supply chain issues facing our industry,” spokeswoman Jodi Tinson said in the statement.

In addition to the Cherokee and minivan plants, the Ram 1500 Classic plant in Warren, Mich., remains offline. The plant is preparing to begin building the Jeep Wagoneer and Grand Wagoneer SUVs in June.

Production resumed April 19 at the company’s assembly plant in Brampton, Ontario, that makes the Chrysler 300 and Dodge Charger and Challenger.

Stellantis CFO Richard Palmer said this week on the company’s first-quarter earnings call that he expects the shortage to ease in the second half of the year but that it would be naive to expect the problem to disappear entirely.

“It is possible that it will leak into 2022,” Palmer said.

Stellantis, formed in January by the merger of Fiat Chrysler Automobiles and PSA Group, said this week that North American vehicle shipments in the first quarter declined 4.2 percent from a year earlier, though its revenue in the region rose 9 percent.

C.J. Moore writes for Crain’s sister publication Automotive News.

View Original Source

Filed Under: BUSINESS

Primary Sidebar

More to See

Share of international homebuyers fell last year

The number of international homebuyers declined sharply throughout the United States in the past year amidst the global COVID-19 pandemic, according … [Read More...] about Share of international homebuyers fell last year

Chicago-area industrial real estate market is tight for smaller companies

Tom Rodeno, 50, a 20-year veteran in representing industrial spaces for Colliers International, based out of the Rosemont office with the title of … [Read More...] about Chicago-area industrial real estate market is tight for smaller companies

Chicago Casino Proposal Deadline Moves to October 29 After Ho-Hum Response

Chicago’s city officials move the deadline for submitting a proposal for the planned casino to October 29, looking for more bidders. Chicago … [Read More...] about Chicago Casino Proposal Deadline Moves to October 29 After Ho-Hum Response

Western Illinois Town Disbands Police Force Due to Budget – NBC Chicago

A community in western Illinois has officially disbanded its police department over budget concerns. East Galesburg has been without its police … [Read More...] about Western Illinois Town Disbands Police Force Due to Budget – NBC Chicago

Chicago cop killed, another injured in violent night

The officer who died was the first Chicago cop shot and killed in the line of duty this year, Brown said. It's the first line-of-duty shooting … [Read More...] about Chicago cop killed, another injured in violent night

Privacy Policy | Terms and Conditions | About/ Contact
Copyright © 2022 · SLD Chicago . Log in