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,

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.

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 efforts of the United Auto Workers bureaucracy to collaborate with Trump, based on their shared "America First" economic nationalism, have accelerated in since the inauguration.

In a memo obtained by Crain’s, the automaker said it will build a new midsize truck at the long-idled plant, but it did not provide a timeline.

BELVIDERE, Ill. (WIFR) - An email sent to Stellantis employees outlines a plan to reopen the Belvidere Assembly Plant. The email, sent to U.S. employees by Antonio Filosa, Stellantis' North American chief operating officer, says a new mid-size pickup truck will be produced in Belvidere, bringing back more than 1,500 UAW employees.

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.