Jeep Assembly Plant in Illinois to be Down Through Rest of October
BELVIDERE, IL—Production at the Stellantis assembly plant here will be down through the rest of October due to the global semiconductor shortage.
The plant, which employs some 2,362 hourly workers, builds the Jeep Cherokee crossover.
The factory has already had significant periods of downtime this year, and in July went down to a single shift, reflecting both the toll of the chip shortage as well as lagging demand for the Cherokee.
The Belvidere factory has taken the largest production hit of any of the automaker’s North American plants, with 119,627 units of lost production.
Globally, the chip shortage could cost the automotive industry as much as $210 billion in lost revenue this year, according to an estimate from consulting firm AlixPartners LLP. The firm projects lost production volume could total 7.7 million vehicles globally for the year.
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