This executive says spending in a specific sector will drive the renaissance of Chrysler, Dodge, Jeep, and Ram trucks.
Stellantis executives laid out their plan to turn around a dismal sales trend in 2025. Dealers gathered in New Orleans said they bought in.
Stellantis' Belvidere Assembly Plant, was indefinitely idled at the end of February 2023. More than 1,000 people were put out of work.
The UAW announced it would suspend its grievances against the company after Stellantis announced it would reopen the Belvidere plant in Illinois and call back 1,500 workers, and make major investments in others, including its Detroit Assembly Plant.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
Stellantis announced its return to the Super Bowl advertising stage with two commercials for its Ram and Jeep brands.
Automaker Stellantis plans to reopen an assembly plant in Illinois and build the next generation Dodge Durango in Detroit, the automaker said Wednesday.
Saving the Belvidere factory from permanent closure was a key part of a new contract with the United Auto Workers in 2023. Stellantis originally agreed to make an electric truck at Belvidere, create a new EV battery facility and expand its parts-distribution facility into a regional megahub.
In a memo obtained by Crain’s, the automaker said it will build a new midsize truck at the long-idled plant, but it did not provide a timeline.
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 detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.
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.