WASHINGTON (Reuters) – Chrysler parent Stellantis said Wednesday it is moving forward with plans to build a new mid-size pickup truck in Belvidere, Illinois.
In August, Stellantis said it was delaying its planned investments at the Illinois plant. Stellantis 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 chair John Elkann met with President Donald Trump last week and touted the company’s U.S. strategy.
(Reporting by David Shepardson)
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