Stellantis' chairman detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.
Stellantis' pledges included increasing production at the Toledo Machining Plant and reopening the Belvidere Assembly Plant, which will restore about 1,500 UAW jobs.
The news, announced in a letter to employees from North America Chief Operating Officer Antonio Filosa on Wednesday, also provided some good news to workers in Detroit, where the next generation Dodge Durango will be built and those in Toledo, Ohio, and Kokomo, Indiana, where investments are planned.
Stellantis (STLA) will restart its Belvedere, Illinois, plant and boost production elsewhere in the U.S., an effort that is likely to resolve a
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Stellantis NV is recommitting to US factory investments agreed to more than a year ago as the maker of Jeep sport utility vehicles seeks the good graces of President Donald Trump.
The longest college football season in history ended Monday night. Only seven months until the start of the next.
Automaker Stellantis plans to reopen an assembly plant in Illinois and build the next generation Dodge Durango in Detroit, the automaker said Wednesday.
Stellantis will move ahead with plans to build a midsize pickup truck—likely for the Ram brand—at its idled assembly plant in Belvidere, Illinois, in 2027.
Automaker Stellantis plans to produce a new midsize pickup truck at the assembly plant near Rockford. The move will put about 1,500 UAW-represented employees back to work.
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,
In a dramatic turnabout that defuses months of wrangling with the UAW, Stellantis says it will restart its idled Belvidere Assembly Plant in Illinois and build the next-generation Dodge Durango in Detroit.