Stellantis closes Douvrin engine plant, hundreds of jobs at risk
According to TradingView, Stellantis has permanently closed its Douvrin engine plant after more than 50 years of operation, with hundreds of jobs lost.
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what happened
Stellantis has permanently closed its Douvrin engine plant, which operated for more than 50 years. Engine assembly had stopped earlier, and final machining ended on the reported closure date, according to TradingView.
The CGT union says the closure cost hundreds of direct and indirect jobs. Stellantis called the move a local employment initiative linked to the ACC venture and the shift to electric vehicles.
why it matters
For investors this looks more like a restructuring signal than a financial shock, since the report gives no figures on costs or output. The decision fits the group's broader move from combustion engines toward electric vehicles, which is reshaping its manufacturing base.
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sources
- Key facts: Stellantis (STLAM) Shuts Douvrin Plant; Hundreds Lose Jobs — TradingView, 31 October 2026 at 08:00 UTC
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