Core Viewpoint - Stellantis plans to invest $13 billion over the next four years to expand its automotive manufacturing capacity in the U.S. and launch 19 updated models and powertrains [1] Investment Plans - The investment will increase annual production of finished vehicles in the U.S. by 50% and is expected to create over 5,000 new jobs [1] - Specific plans include rebuilding a plant in Illinois to produce Jeep Cherokee and Compass, increasing production of mid-size trucks in Ohio, upgrading a plant in Michigan to produce new electric vehicles and large SUVs, and expanding a plant in Indiana to produce new four-cylinder engines [1] Strategic Goals - The plan aims to attract more American customers and adopts a balanced strategy between electric and fuel-powered vehicles [1]

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 ...