Stellantis targets US expansion with $13bn investment

Core Points - Stellantis plans to invest $13 billion over the next four years to enhance its presence in the US market and expand domestic manufacturing, marking the largest investment in its 100-year history in the US [1] - The investment aims to increase annual finished vehicle output in the US by 50% compared to current levels, alongside the launch of five new vehicles and a regular schedule of 19 refreshed products through 2029 [2] Investment Details - In Illinois, over $600 million will be invested to reopen the Belvidere Assembly Plant for Jeep Cherokee and Jeep Compass production, with initial production expected in 2027 [3] - Ohio will receive nearly $400 million to move assembly of a new midsize truck to the Toledo Assembly Complex, with production anticipated in 2028 [4] - Michigan plans include around $100 million to retool the Warren Truck Assembly Plant for a new range-extended electric vehicle and large SUV, with production starting in 2028 [5] - Indiana will see over $100 million invested in Kokomo facilities for the production of a new four-cylinder engine, with manufacturing set to begin in 2026 [6] Operational Context - Stellantis operates 34 manufacturing facilities, parts distribution centers, and research and development locations across 14 states in the US [6] - The company reported a rise in consolidated shipment estimates for the quarter ending September 30, 2025, driven by strong North America sales [7]