Stellantis to close and divest proving grounds as part of cost-cutting measures

Stellantis to close and divest proving grounds as part of cost-cutting measures

CEO Carlos Tavares of Stellantis NV announced the closure and sale of the company’s large vehicle proving grounds in Arizona by the end of this year. The decision is part of cost-cutting measures undertaken by the automaker, which has been facing financial challenges, layoffs, and overall business decisions. The Arizona Proving Grounds, spanning 4,000 acres … Read more