WASHINGTON, Jan 22 (Reuters) - Chrysler parent
Stellantis ( STLA ) said Wednesday it is moving forward with
plans to build a new mid-size pickup truck in Belvidere,
Illinois.
In August, Stellantis ( STLA ) said it was delaying its planned
investments at the Illinois plant. Stellantis ( STLA ) in 2023 agreed to
build a new $3.2 billion battery plant and invest $1.5 billion
in Belvidere to build new mid-size trucks by 2027. The
Italian-American automaker told employees about the investment
plans Wednesday after Stellantis ( STLA ) chair John Elkann met with
President Donald Trump last week and touted the company's U.S.
strategy.