Stellantis Must Honor Investment Commitments
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 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 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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