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

This executive says spending in a specific sector will drive the renaissance of Chrysler, Dodge, Jeep, and Ram trucks.

The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.

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.

John Elkann, chairman of Jeep-maker Stellantis, wasted no time reassuring President Trump of the global automaker’s commitment to U.S. manufacturing. The scion of Italy’s famous Agnelli family met with Trump last week to emphasize the company’s support for American workers.

Stellantis is making big changes to turn its U.S. business around after a tough 2024 and the departure of CEO Carlos Tavares.

Stellantis Chairman John Elkann has spent four days in Washington meeting with Donald Trump and several top administration officials, two people familiar with the matter told Reuters on Tuesday.

Filosa also moved Jeff Kommor back to his previous role as U.S. head of sales after a disastrous year that saw Stellantis lose nearly 2 points of market share while inventory piled up at dealerships. Tavares had reassigned Kommor to a commercial sales role in February 2024.

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.

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.

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.

MILAN (Reuters) -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 ...