Stellantis’s Belvidere site has been mothballed since February 2023 after the carmaker temporarily discontinued production of the Jeep Cherokee crossover.

Stellantis' chairman detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.

Trump’s new executive order ending the EV mandate could give companies more leeway in the EV transition, but it is not expected to save jobs in the long term.

The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share.

Stellantis (NYSE: STLA), the parent company of Chrysler and Jeep, expressed optimism about adapting to U.S. policy changes announced by President Donald Trump. On Tuesday, Trump proposed a 25% tariff on imports from

President Trump on Wednesday revoked a 60-year-old executive order banning discrimination in hiring practices in the federal government, his latest action aimed at gutting diversity, equity, and inclusion initiatives.

President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his second presidential term signals his intent to undo much of his predecessor's legacy when it comes to electric vehicle promotion.

Osamu Inoue, president of Sumitomo Electric, which makes parts for Volkswagen, Toyota and Stellantis, among others, said Trump’s threatened 25 per cent tariffs on Mexican goods would do more harm to US suppliers, which account for almost a third of car parts investment in Mexico.

Shawn Fain admits that the UAW does not agree with Trump on much of his domestic agenda but the union can find common ground with the new President

President-elect Donald Trump’s proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, French fries, furniture and beer.

Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.

According to an email, Stellantis Chair John Elkann met with President Donald Trump and discussed the company's plan to reopen the Belvidere plant.