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Friday, July 31, 2026

Stellantis chairman details U.S. investments for Jeep, Ram to Trump

by marketdash
0 comments

Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024.

Massimo Pinca | Reuters

DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the trans-Atlantic automaker has for U.S. investments when meeting with President Donald Trump during a dayslong trip to Washington, D.C., before Trump’s Monday inauguration.

The plans, as outlined in an internal message Wednesday to U.S. employees, included creating 1,500 jobs and reopening a plant in Illinois to build a new midsize pickup truck in 2027; building a new version of the Dodge Durango SUV that was being considered for Mexico at a Detroit plant instead; and adding more support for plants in Toledo, Ohio, and Kokomo, Indiana.

“John told the President that building on our proud, more than 100-year history in the U.S., we plan to continue that legacy by further…

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