UAW-Stellantis deal includes $18.9 billion in investments, new truck for idled plant

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UAW-Stellantis deal includes $18.9 billion in investments, new truck for idled plant
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The largest investments under the deal include $1.5 billion each for Belvidere Assembly in Illinois, a Dodge-Jeep plant in Detroit and a Jeep complex in Ohio.

The United Auto Workers union said Chrysler-parent Stellantis plans to invest $18.9 billion in the U.S. by April 2028.

The deal was reached after roughly six weeks of targeted labor strikes by the union against Stellantis, General Motors and Ford Motor.plans to invest $18.9 billion in the U.S. by April 2028, including $1.5 billion for new midsize pickup truck production at an idled factory in Belvidere, Illinois. Details of the tentative agreement were released Thursday night after local UAW leaders approved the pact, which UAW President Shawn Fain called the"most lucrative contract our union has won in decades."

In addition to Belvidere investments, the deal also promises $1.5 billion each to a Dodge-Jeep plant in Detroit and Jeep complex in Ohio; $1.4 billion at a Ram plant in Sterling Heights, Michigan; and $600 million for Stellantis' Warren Truck plant in suburban Detroit.

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