Stellantis plans to reopen its Belvidere plant and make investments in U.S. manufacturing, creating jobs and bolstering the economy.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
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.
Stellantis is doubling down on its U.S. operations following a meeting between its chairman and Trump. Read more.
Big Three automaker Stellantis is making a number of moves in the US, in response to the new Trump administration and its focus on building products in America.
Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured loans as it seeks to drastically reduce its debt amid the crisis in the automotive sector.
STLA Large will provide the backbone for future Dodge, Jeep, Alfa Romeo, Chrysler, Maserati models. Other Stellantis models are expected to use the platform as well. So far, the new incoming all-electric Jeep Wagoneer S and Jeep Recon EVs utilize STLA Large, along with the inbound Dodge Charger EV.
(Reuters) - Chrysler parent Stellantis is recalling 63,082 crossover SUV's in the United States over concerns of loss of drive power due to a power transfer unit issue, the National Highway Traffic Safety Administration said on Wednesday. The recall affects certain 2017-2019 model year Jeep Cherokee vehicles.
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.
Ram has confirmed it will bring a mid-size pickup truck to the North American market. Production is said to be scheduled for 2027.
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