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It seems obvious to me Stallantis has been part of the Biden and Dem, now Harris, push for total conversion to EV’s at the expense of the US economy. They have lied to the UAW members while UAW leadership, Faine, takes in the promises of federal money. The membership will suffer the most with this continued bribery scheme, at least until after the election, when none of these proposed investments are implemented. A vote for this vague promise only assures the unions are being used again by the left White House.
You can’t blame this on the Biden administrations push for EVs because Stellantis was/is the laggard in developing and selling EVs on a large scale. The real issue is high costs for the vehicles that in many cases were allowed to get stale. The European owners, through a merger completed under Trump, lost their focus on North American as they looked elsewhere globally. This is a case of poor corporate management rather than something you can blame on public policy.
Silly UAW members, they will just move to Mexico. NAFTA was the hammer and globalist dream to to lower the social economic status of the Middle class, inflation is the nail. Clinton supported NAFTA and the UAW supported Clinton, voting for your demise, sharp!
Fain may not be the sharpest knife in the drawer.
One must also remember that companies need to be profitable to expand. With the economy, unemployment and the election wiggling around, it’s tough to pull the string — unless you’re Biden and he is giving away other people’s money. He doesn’t have to manage to a bottom line.