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Stellantis will move forward on plan to build new mid-size truck in Illnois
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Stellantis will move forward on plan to build new mid-size truck in Illnois
Jan 22, 2025 7:53 AM

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.

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