After three years of rising prices and a lack of traditional sales incentives, new vehicle buyers have good reason to celebrate this holiday season. Sticker prices are stabilizing and, in some cases, are even falling. Meanwhile, incentives are back in a big way, and are expected to continue rising in the months to come, reports Headlight.News.
Jeep
GM the Latest Automaker Adding to Layoff Rolls
General Motors will lay off more than 1,300 hourly workers at two Michigan plants, the automaker said. The announcement follows a series of other job cuts as the industry comes to the end of a challenging year. Most of the GM workers are employed at a suburban Detroit plant undergoing major renovation for the launch for future EVs.
Nearly 3,700 Jeep Workers Warned of Layoffs — Blames California
Facing declining demand for its Jeep Wrangler, Grand Cherokee and Gladiator models, Jeep says it will cut as many as 3,700 jobs at plants in Michigan and Ohio — and its putting at least some of the blame on California’s tough emissions rules.
Stellantis Axes Jeep Renegade and Fiat 500X in the U.S.
As the 2023 calendar year winds down, Stellantis beginning to thin the heard of models cluttering its various corporate showrooms. That said, the departures will surprise exactly no one as the company’s American lineup becomes a little less Italian. Details at Headlight.News.
UAW Reveals Jeep Wrangler EV Arriving in 2028
UAW President Shawn Fain pledged to be transparent with union members, and that openness has including revealing future product plans, such as talking about the expected arrival of the Jeep Wrangler EV in 2028. Find out more at Headlight.News.