Stellantis, White House
White House says Stellantis should deliver on Belvidere commitments
The White House said automaker Stellantis, the parent company of Chrysler, Dodge, Jeep, and Ram, should honor its commitments and reopen the Belvidere Assembly Plant. According to Reuters, White House spokeswoman Karine Jean-Pierre said Wednesday the contract reached between the UAW and Stellantis “included a commitment to reopen and expand production
White House spokeswoman urges Stellantis to keep commitments
This comes as the automaker, citing market volatility and vehicle affordability, has instituted job cuts and layoffs in the United States and as it has touted to investors that it intends to move more production to “best-cost” countries.
White House urges Stellantis to honor commitments to UAW after plant closures
Stellantis is under pressure from both the White House and the UAW to follow through on its 2023 promise to reinvest in communities
Stellantis Must Honor Investment Commitments: White House
In 2023, Stellantis came to an agreement with UAW that it would invest $1.5 billion for the reopening of the assembly plant in Belvidere, Illinois. It also agreed to build new mid-size trucks by 2027, which is a part of the huge investment plan amounting to $19 billion.
Stellantis and UAW: A Commitment Under Scrutiny
In 2023, Stellantis committed to investing $1.5 billion to reopen its Belvidere plant, adhering to its agreement with the United Auto Workers union. Despite economic challenges delaying some investments,
Stellantis should deliver on investment commitments, White House says
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis should make good on its commitments to the United Auto Workers union and to communities impacted by plant closures in the United States,
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White House presses Stellantis on UAW, Ford launches F-150 Lightning incentives, GM forms $625M lithium partnership
Top stories White House urges Stellantis to honor commitments to UAW after plant closures. Read More Ford offers dealers up to $22,500 to move F-150 Lightning inventory in new pilot program. Read More ...
Stellantis recalls Dodge Hornets, Alfa Romeo Tonales over brake pedal that could fail
Stellantis is recalling 44,500 hybrid crossover SUVs worldwide because the brake pedal in the vehicles could disengage and ...
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Stellantis Faces Union Strikes Amid Plant Reopening Commitments
Stellantis is under pressure from the United Auto Workers union and the White House to fulfill commitments to reopen U.S.
Deutsche Bank Sticks to Its Hold Rating for Stellantis (STLA)
In a report released today, Tim Rokossa from Deutsche Bank maintained a Hold rating on Stellantis (STLA – Research Report), with a price ...
Stellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North America
Stellantis said on Thursday it has appointed insider Doug Ostermann as its finance chief, succeeding Natalie Knight, who will ...