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Stellantis makes $13 billion in U.S. auto manufacturing
Youtube· 2025-10-15 17:00
Core Points - Stalantis plans to invest $13 billion over the next four years to enhance American production and create over 5,000 jobs, marking the largest investment in its 100-year history [1][2] - The automaker aims to increase domestic output by 50%, introducing five new vehicles and 19 product updates across its plants in Illinois, Ohio, Michigan, and Indiana by 2029 [1] - The investment includes reopening the Illinois plant for new Jeep models, adding a midsize truck in Ohio, SUVs in Michigan, and a new engine in Indiana by 2026 [1] Company Strategy - CEO Antonio Felosa describes this investment as a once-in-a-century opportunity to maintain competitiveness and provide consumers with more choices among gas, hybrid, and electric vehicles [2] - The rollout of new products is set to begin next year, pending final state approvals, addressing the company's recent losses in US market share [2]