Stellantis Chairman John Elkann revealed a series of significant U.S.investment plans during a meeting with President Donald Trump.Key elements of Stellantis' reworked investment strategy include producing a midsize pickup truck at the previously idled Belvidere Assembly Plant in Illinois plant 2027,
Stellantis' pledges included increasing production at the Toledo Machining Plant and reopening the Belvidere Assembly Plant, which will restore about 1,500 UAW jobs.
Stellantis’ chairman detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.
Stellantis will return vehicle production to Belvidere, Illinois, with a new midsize truck. The news, announced in a letter to employees from North America Chief Operating Officer Antonio Filosa on Wednesday,
Automaker Stellantis plans to reopen an assembly plant in Illinois and build the next generation Dodge Durango in Detroit, the automaker said Wednesday.
There's a void in the midsize truck segment found in Auburn Hills, Michigan these dats. Since the departure of Dodge's Dakota, the FCA-turned-Stellantis chunk of the medium pickup category has been empty, but a leaked memo obtained by Crain’s Chicago Business makes clear that's set to change soon.
WASHINGTON/DETROIT (Reuters) - Chrysler parent Stellantis is moving forward with plans to build a new midsize pickup truck in Belvidere, Illinois, the company said on Wednesday, ending months of conflict with the United Auto Workers union over delays, and strengthening its U.S. production footprint as President Donald Trump takes office.
Stellantis (STLA) will restart its Belvedere, Illinois, plant and boost production elsewhere in the U.S., an effort that is likely to resolve a
Stellantis' Belvidere site has been mothballed since February 2023 after the carmaker temporarily discontinued production of the Jeep Cherokee crossover.
The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share.
In an internal company memo seen by AutoNews, Stellantis noted that its interim leader, Chairman John Elkann, met with President Trump ahead of the Inauguration to discuss the aut
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