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In a move that could further strain its relationship with the United Auto Workers (UAW,) Stellantis NV (NYSE:STLA) is planning to expand its production of Ram trucks in Mexico.
What Happened: The automotive giant, which also owns Jeep, Dodge, and Chrysler, is set to expand its factory complex in northern Mexico to manufacture Ram 1500 pickup trucks, reported The Wall Street Journal on Tuesday, citing people familiar with the matter.
This move could potentially exacerbate the already strained relationship between the company and the UAW.
The company has been producing most of its light-duty Ram pickups at a factory near Detroit in recent years. Despite the expansion in Mexico, Stellantis stated that the Ram trucks would continue to be made at its Sterling Heights assembly plant north of Detroit.
The company also disclosed plans to invest $235 million at the Michigan factory to ...
