Stellantis Halts Production of Top-Selling Jeep Models Amid Supply Chain Disruptions
Stellantis, the parent company of Jeep, has temporarily stopped production of its popular Wrangler and Grand Cherokee SUVs in the U.S., as reported by The Wall Street Journal. This move comes as factories face challenges related to supply chain disruptions.
While Stellantis has not provided a comment on the situation, the company did confirm "production adjustments" at two Detroit assembly plants and a factory in Toledo, Ohio, where the Wrangler is manufactured. Additionally, Bob Broderdorf has been appointed as the new head of Jeep North America.
In related news, the U.S. auto safety regulator has initiated a recall query for 94,275 Jeep Wrangler 4xe hybrid SUVs manufactured between 2021 and 2024.
This development could have significant implications for investors and consumers alike. It is important to monitor how these production halts and recall queries impact Stellantis' stock performance and the availability of Jeep vehicles in the market. Stay informed to make informed decisions about your investments and purchases.