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

Elkann recalled Tim Kuniskis, who had retired last year, as Ram Trucks chief executive. Stellantis also reversed a decision to cut 1,100 jobs at a Jeep plant in Ohio, and will protect 1,500 jobs through its promise to spend $1.2bn in an Illinois plant.

Stellantis’s Belvidere site has been mothballed since February 2023 after the carmaker temporarily discontinued production of the Jeep Cherokee crossover.

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,

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.

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 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.

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 ...

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

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.