Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis plans to close and sell its 4,000-acre vehicle proving grounds in Arizona by the end of the year as part of ongoing cost-cutting measures under CEO Carlos Tavares. This move comes amid pressure from Wall Street, dealers, and the United Auto Workers (UAW) union due to the company’s poor financial performance and layoffs. The proving grounds, used for vehicle testing since Chrysler purchased the … Continue reading Stellantis to shutter and sell large testing facility amid cost-cutting efforts
