Trump Says Ford and Stellantis Will Expand U.S. Plants

U.S. President Donald Trump said Ford Motor Co. and Stellantis NV plan to expand their manufacturing plants, underscoring his administration’s push to boost domestic auto production. Trump did not provide details on the scale, location or timing of the expansions, but framed the moves as evidence that automakers are committing additional investment to U.S. facilities. The president also praised Ford and South Korea’s Hyundai Motor Co. for what he described as “new hiring,” suggesting the companies are adding jobs alongside the planned capacity increases. Ford, Stellantis and Hyundai have not immediately issued public statements corroborating Trump’s remarks.