Wed, 22 Jan 2025

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis' chairman detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.

* Stellantis Chairman John Elkann has announced several new investment plans for the US market, including: + Creating 1,500 jobs in the US + Reopening a plant in Illinois to build a new midsize pickup truck in 2027 + Building a new version of the Dodge Durango SUV at a Detroit plant instead of Mexico + Adding more support for plants in Toledo, Ohio, and Kokomo, Indiana
* The plans are aimed at strengthening Stellantis' US manufacturing footprint and providing stability for its American workforce.
* The announcements were made after Elkann met with President Donald Trump during a trip to Washington, D.C. prior to the inauguration.
* General Motors and Ford Motor have also spoken or met with Trump about the US automotive industry and economy.
* The United Auto Workers (UAW) union has hailed the announced plans as a victory for workers and a testament to their power in holding corporations accountable.
* Stellantis' investments will include additional technologies and products for Jeep Wrangler and Gladiator, as well as production of a new four-cylinder engine in Indiana.
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