Stellantis to Invest $13 Billion in US
Stellantis announced plans to invest $13 billion in U.S. plants over the next four years, adding more than 5,000 jobs in Michigan and other midwestern states.
The investment, the single largest in the Company's history, will drive growth, strengthen manufacturing footprint and bring more American jobs.
- Reopening of a factory in Belvidere, Illinois, with a $600 million investment.
- Expansion of production of the Jeep Cherokee and Jeep Compass, with initial production expected to launch in 2027.
- Addition of new models to existing Stellantis factories in Ohio, Michigan and Indiana.
the largest U.S. investment push in its 100-year history
Author's summary: Stellantis invests $13 billion in US plants.
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