Stellantis shares jolted higher by $13B investment in U.S. manufacturing (STLA:NYSE)

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]

Stellantis shares jolted higher by $13B investment in U.S. manufacturing (STLA:NYSE) - Reportify