11:42 AM EST, 01/22/2025 (MT Newswires) -- Stellantis ( STLA ) plans to produce a new mid-size pickup at its plant in Belvidere, Illinois, returning around 1,500 employees represented by the United Auto Workers union to the facility, Bloomberg News reported Wednesday, citing an internal memo.

The automaker also intends to proceed with plans to develop the next-generation Dodge Durango at its Detroit Assembly Complex and invest in more technologies for the Jeep Wrangler and Jeep Gladiator models at its facility in Toledo, Ohio, according to the report.

Stellantis ( STLA ) also outlined plans to make further investments in its Kokomo, Indiana, facilities to manufacture the GMET4 EVO engine, Bloomberg reported.

The company didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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