Wall Street Breakfast Podcast: Stellantis Bets On U.S.

Company Investment - Stellantis (NYSE: STLA) announced a historic $13 billion investment over the next four years to enhance its manufacturing capabilities in the U.S. [3] - This investment will support the production of five new vehicles and aims to increase overall production by 50% compared to current levels, along with introducing 19 refreshed products and updated powertrains by 2029 [3][4]. Specific Allocations - The investment includes $600 million to reopen the Belvidere Assembly Plant for Jeep production, $400 million to upgrade the Toledo Assembly Complex for Wrangler and Gladiator models, and additional funding for the Warren Truck plant to develop a new range-extended EV and ICE SUV [5]. - Further investment will be directed to Kokomo, Indiana, for the production of the GMET4 EVO engine [5]. Cost Mitigation - The U.S. investment is expected to mitigate approximately $1.74 billion in tariff costs associated with affected vehicles and components [5].