As a result, the FCA side of Stellantis fell 15 percent. Unsurprisingly, dealers were none too happy about it. The US Stellantis National Dealer Council sent a strongly worded letter to Carlos Tavares,

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.

If there’s one thing America loves, it’s a good comeback story, and Stellantis is delivering one for the ages.

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.

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.

MILAN (Reuters) -Stellantis Chairman John Elkann has spent four days in Washington meeting with incoming U.S. President Donald Trump and several top administration officials, two people familiar ...

OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor. The San Francisco-based ChatGPT maker told the FT it had seen some evidence of “distillation”, which it suspects to be from DeepSeek.

This executive says spending in a specific sector will drive the renaissance of Chrysler, Dodge, Jeep, and Ram trucks.