Stellantis Commits $13 Billion Investment for Major US Expansion
Stellantis has unveiled a sweeping $13 billion investment plan aimed at significantly expanding its operations in the United States over the next four years. This investment marks the largest in the company’s century-long U.S. history and focuses on elevating domestic manufacturing and introducing new vehicle models.
Strategic U.S. Expansion
The ambitious investment strategy will boost U.S. vehicle production by 50%, introduce five new vehicles, and create more than 5,000 jobs across Illinois, Ohio, Michigan, and Indiana. This move is accompanied by an improvement in engine production capabilities and the launch of a new four-cylinder engine.
Breakdown of Plant Investments
- Illinois: Over $600 million will reopen the Belvidere Assembly Plant, focusing on Jeep Cherokee and Jeep Compass models. This is expected to generate around 3,300 jobs starting in 2027.
- Ohio: Approximately $400 million will shift midsize truck assembly to the Toledo Assembly Complex, a move projected to add more than 900 jobs by 2028.
- Michigan: Nearly $100 million will retool the Warren Truck Assembly Plant for a new range-extended EV and large SUV, adding around 900 jobs by 2028.
- Indiana: More than $100 million will support the production of the all-new GMET4 EVO engine, creating over 100 jobs starting in 2026.
Commitment to U.S. Manufacturing
Stellantis CEO Antonio Filosa emphasized the significance of investing in the U.S. market, highlighting its critical role in the company’s global strategy. This expansion aligns with their efforts to put customers at the forefront by offering a diverse array of vehicle options.
Looking Ahead
With 34 manufacturing facilities spread across 14 states, Stellantis is reinforcing its commitment to the U.S. automotive market. Supporting over 48,000 employees and working alongside numerous dealers and suppliers, the company’s strategic investment underscores its dedication to both innovation and job creation in the U.S.
