Jeep, Ram owner Stellantis unveils $13B investment in US manufacturing as Trump pushes reshoring agenda

Core Points - Stellantis announced a $13 billion investment in US manufacturing over the next four years, marking the largest investment in the company's history [1][2] - The investment aims to increase domestic production by 50%, launch five new vehicles, and create over 5,000 jobs across multiple states [1][2] Investment Details - Over $600 million will be allocated to reopen a plant in Belvidere, Illinois, creating 3,300 jobs by 2027 [6] - A $400 million investment will support the assembly of a new mid-size truck in Toledo, Ohio, expected to generate 900 jobs by 2028 [8] - Nearly $100 million will fund the production of a new electric vehicle and large SUV in Warren, Michigan, supporting 900 jobs by 2028 [9] - Approximately $130 million will be invested in the Detroit plant for the next-generation Dodge Durango, set to be manufactured by 2029 [9] - A $100 million investment will enable the production of new four-cylinder engines in Kokomo, Indiana, starting in 2026, creating over 100 jobs [11] Strategic Context - The investment aligns with President Trump's push for US companies to increase domestic manufacturing, responding to tariffs that have impacted supply chains [3][4] - Stellantis CEO Antonio Filosa emphasized the importance of accelerating growth in the US since taking over in June [3] - The company operates 34 factories across 14 states, employing over 48,000 workers, and aims to strengthen its manufacturing footprint in the US [13]