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Stellantis to invest $1.2 billion in Belvidere, Illinois auto plant set to reopen in 2027CHICAGO (CBS) -- The Stellantis auto plant in Belvidere, Illinois northwest of Chicago has been tapped to make the company's next mid-sized truck. U.S. Senate Democratic Whip Dick Durbin and Sen.
CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...
UAW Local 1268 President Matt Frantzen updated union members on plans for re-opening the Belvidere Assembly Plant. Here is ...
President Donald Trump has said that automakers can avoid his tariffs by simply moving production to American plants. But it’s not that easy. Not by a long shot.
The entire car industry will get serious headwinds from the tariffs, but for Stellantis, the stakes are much higher,” said ...
The maker of Jeep Wrangler SUVs and Dodge muscle cars has seen shares drop by more than half over the last year.
The union rebuffed Stellantis’ request to help it persuade Trump on tariffs last week because of its concerns about laid-off ...
In a dramatic turnabout that defuses months of wrangling with the UAW, Stellantis says it will restart its idled Belvidere Assembly Plant in Illinois and build the next-generation Dodge Durango in ...
Stellantis operates facilities in Mexico and ... adding that the company also plans to reopen its Belvidere Assembly Plant in Illinois in 2027 and build a new midsize truck there.
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Stellantis is thanking the Trump administration for giving it a one-month exemption from tariffs on Canada and Mexico, saying ...
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