Stellantis Chairman John Elkann has spent four days in Washington meeting with incoming U.S. President Donald Trump and several top administration officials, two people familiar with the matter told Reuters on Tuesday.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
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 is doubling down on its U.S. operations following a meeting between its chairman and Trump. Read more.
An internal memo reveals future investments in Stellantis' US plants, discussed during John Elkann's recent meeting with Donald Trump
The UAW believed the company was going back on its plant investment commitments. Now, as Trump takes office, the automaker has renewed its U.S. plans.
Stellantis has committed to reopening its shuttered Belvidere Assembly plant in Illinois to build an all-new mid-size pickup truck in 2027 and return approximately 1,500 union-represented jobs, the United Auto Workers announced in a press release Wednesday.
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.
Stellantis is making big changes to turn its U.S. business around after a tough 2024 and the departure of CEO Carlos Tavares.
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.
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.