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Stellantis to invest $13 billion in U.S. operations, plans to add 5,000 jobs
Youtube· 2025-10-14 21:45
Got a news alert on an investment by big three automaker Stalantis. Philippo's got the details. Phil, >> Melissa, this is a whopper of an investment from Stalantis. So hang on because we've got a number of headlines here and some big numbers. Overall, Stalantis plans to invest $13 billion in the United States, adding a a number of vehicles to be produced at a number of plants, creating 5,000 new jobs. So we're going to run through this right now. Again, 13 billion is the total, 5,000 new jobs. There's going ...
Stellantis shares jolted higher by $13B investment in U.S. manufacturing (STLA:NYSE)
Seeking Alpha· 2025-10-14 21:40
Core Insights - Stellantis plans to invest $13 billion over the next four years to enhance its manufacturing capabilities in the U.S., marking the largest investment in the company's history [2] - The investment will support the production of five new vehicles, indicating a strategic expansion in product offerings [2] Investment Details - The $13 billion investment is aimed at expanding manufacturing capabilities, which is crucial for meeting future demand and enhancing competitiveness in the automotive market [2] - This investment reflects a significant commitment to the U.S. market, highlighting the importance of local production in the company's overall strategy [2]
Jeep-Maker Stellantis Plans $13 Billion Investment to Boost U.S. Manufacturing
WSJ· 2025-10-14 21:23
Core Points - The automaker plans to increase American production by 50% [1] - This expansion will create 5,000 new jobs at plants located across the Midwest [1]
Stellantis to invest $13 billion in the United States
Reuters· 2025-10-14 21:11
Chrysler parent Stellantis said on Tuesday that it would invest $13 billion in the United States to help expand production in the country. ...
Jeep parent Stellantis announces $13 billion U.S. investment plan
CNBC· 2025-10-14 21:08
A new Jeep Wrangler 4-Door Sahara 4x4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025.DETROIT — Chrysler and Jeep parent Stellantis plans to invest $13 billion in U.S. manufacturing operations over the next four years, as the company executes a domestic turnaround plan under CEO Antonio Filosa.The Transatlantic automaker on Tuesday said the investments will add more than 5,000 jobs to its workforce and involve new products at plants in Michigan, Ill ...
Stellantis to Invest $13 Billion to Grow in the United States
Globenewswire· 2025-10-14 21:01
Stellantis to Invest $13 Billion to Grow in the United StatesExpands U.S. Production by 50% With Five New Vehicle Launches and 19 Product Actions Over Next Four Years, Adding More Than 5,000 New Jobs at Plants in Illinois, Ohio, Michigan and Indiana Largest single investment in Company’s 100-year history, which benefits all U.S. assembly plantsBelvidere, Illinois, plant to reopen for production of two new Jeep® vehiclesAll-new midsize truck to be assembled in Toledo, OhioWarren, Michigan, plant to produce ...
Americans Rush To Buy EVs Ahead of Subsidy Expiry
Yahoo Finance· 2025-10-14 20:00
Sales of electric vehicles in the United States hit an all-time high in the third quarter. Normally a welcome piece of news for EV makers, the record was prompted by the end of tax incentives for EV buyers, which expired at the end of September. From now on, it’s likely to be bad news for car companies with EV plans. Kelley Blue Book reported sales of electric cars in the quarter to September shot up by 40.7% on the previous quarter and by 29.6% on the year. This trend pushed the average car price for the ...
Alfa Romeo Unveils the 2026 Tonale: The Most Expressive and Dynamic Yet
Prnewswire· 2025-10-14 16:30
Alfa Romeo reveals the new 2026Â Tonale, strengthening the premium compact SUV's position as a leader in its segment. Blending iconic Italian design, class-leading driving dynamics and cutting-edge technology, the 2026 Tonale debuts a bold new special edition, three new exterior colors and a series of refined interior appointments that underscore Alfa Romeo's unwavering commitment to performance and style. Striking Italian Design With a commanding new front fascia, featuring a concave scudetto grille inspir ...
Stellantis overhauls Jeep Grand Wagoneer lineup under brand turnaround plan
CNBC· 2025-10-14 13:01
The initial pricing for those vehicles also could top $111,000 — which had been unexplored territory for the brand known for rugged SUVs — and they featured a host of tiered trim levels that complicated ordering.Since launching in 2021, the Wagoneer and Grand Wagoneer have not lived up to expectations. Initial production of the vehicles was riddled with problems and the dual nameplates for the same-looking vehicles confused consumers.The changes include updating exterior styling, introducing a new forthcomi ...
Majestic's HKEX-Listed Subsidiary Persistence Completes HK$472 Million Private Placement
Thenewswire· 2025-10-14 13:00
Vancouver, British Columbia – TheNewswire - October 14, 2025 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) ) is pleased to announce that its Hong Kong Stock Exchange (“HKEX”) listed subsidiary, Persistence Resources Group Ltd. (“Persistence”) (Stock Code: 2489), has completed a private placement financing (the “Private Placement”) for gross proceeds of $472 million (approximately CAD$85.2 million)(“Placement”). Pursuant to the Placement, Persistence issued 400 million common ...