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HEMI® Is Hot; Durango Is Hotter! Dodge Reopens Orders for Durango GT Powered by Pentastar V-6 to Meet Demand
Prnewswire· 2025-11-19 19:00
The Dodge Durango stands alone as the only three-row muscle SUV on the market, delivering unmatched performance, capability and attitude for families who refuse to compromise. Now available with either the Pentastar V-6 or HEMI V-8 power, aggressiveA stylingA and room for seven, Durango combines muscle car DNA with SUV practicality â€" a formula no other competitor offers.  Accessibility StatementSkip Navigation AUBURN HILLS, Mich., Nov. 19, 2025 /PRNewswire/ -- Dodge unlocks more powertrain choices for A ...
B5 is Back! B5 Blue Returns to 2026 Dodge Durango Lineup, Brings Burst of Heritage High-impact Paint to Muscle SUV's All-HEMI® Lineup
Prnewswire· 2025-11-03 16:00
Core Insights - Dodge is reintroducing the vintage B5 Blue color to the entire 2026 Durango lineup, marking its first availability in eight years [1][8] - The 2026 Durango will feature a standard HEMI® V-8 engine across all models, emphasizing performance and towing capabilities [2][8] - The new B5 Blue paint option joins Green Machine as part of the 2026 model year offerings, enhancing customization options for customers [3][8] Product Details - The 2026 Dodge Durango will be available for dealer orders starting November 4, 2025, with a U.S. MSRP of $595 for the B5 Blue option [3][8] - The Durango is positioned as the only three-row muscle SUV, capable of seating up to seven passengers and offering best-in-class towing [2][8] - The Durango SRT Hellcat Jailbreak program now boasts over 7 million customization options, highlighting Dodge's commitment to performance and personalization [1][8] Historical Context - B5 Blue was originally introduced in the late 1960s and early 1970s as part of Dodge's "High Impact" color lineup, known for its vibrant and bold appearance [9] - The color has historical significance, being featured on iconic Mopar vehicles such as the Dodge Charger and Plymouth Road Runner [9]
Why Stellantis Is Pouring $13 Billion Into A U.S. Comeback
Youtube· 2025-11-01 15:00
Core Insights - Stellantis is investing $13 billion in US manufacturing to revitalize struggling American car brands after experiencing a $2.7 billion loss in the first half of 2025 [1][2] - The company aims to launch five new vehicles and refresh nearly 20 models over the next four years while increasing manufacturing capacity by 50% [1] Financial Performance - After three years of record profits, Stellantis faced a significant decline in 2024 due to price hikes and product missteps, particularly in the US market [2] - The company had previously promised to save $5 billion through synergies but exceeded that target, achieving $10 billion in savings [4] Market Strategy - New leadership is focused on rebuilding US brands under pressure from high costs and tariffs, with a particular emphasis on the importance of the Ram and Jeep brands [3][11] - Stellantis has lost 5% market share in the US over five years, falling behind competitors like Hyundai and Honda [11] Production and Investment - The $13 billion investment includes significant allocations for US factories, with $400 million for a new midsize Ram pickup and $230 million for two large SUVs in Michigan [12] - The Belvidere, Illinois plant will resume production of the Jeep Cherokee, which is crucial for regaining market share [11][12] Tariffs and Cost Management - Stellantis faces approximately $1.7 billion in tariffs for the full year, prompting the need to increase domestic production to mitigate costs [13][14] - The company aims to build half of its sales volume domestically to avoid the 25% tariffs on imported vehicles [14] Product Development - Stellantis is redesigning its EV platform to accommodate gas and hybrid vehicles, which may reduce expenses associated with previous electric-only designs [18][20] - The company has struggled with product appeal, as newer models have not resonated with the same customer base as their predecessors [10][21] Market Positioning - Stellantis lacks entry-level models, with the cheapest Jeep starting around $28,000, making it challenging to attract price-sensitive consumers [22][23] - The company is navigating the complexities of maintaining competitive pricing while managing production costs and tariffs [24]
Jeep, Ram owner Stellantis unveils $13B investment in US manufacturing as Trump pushes reshoring agenda
New York Post· 2025-10-15 19:42
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]
Stellantis targets US expansion with $13bn investment
Yahoo Finance· 2025-10-15 10:32
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]
Stellantis says it will invest $13B to expand its US operations, adding more than 5,000 jobs
Yahoo Finance· 2025-10-14 22:37
Core Insights - Stellantis plans to invest $13 billion over the next four years to enhance its manufacturing capacity in the U.S., aiming to increase domestic vehicle production by 50% and create over 5,000 jobs [1][2] Investment and Production Expansion - The investment will facilitate the introduction of five new vehicles, including a Dodge Durango in Detroit and a midsize truck in Toledo, Ohio, with new jobs distributed across Illinois, Ohio, Michigan, and Indiana [2] - This investment marks the largest in the company's history and is expected to strengthen Stellantis' manufacturing footprint in the U.S. [4] Strategic Response to Costs - Stellantis aims to mitigate the anticipated €1.5 billion ($1.7 billion) cost of tariffs on vehicles produced in Canada and Mexico by enhancing North American profitability through new model launches, including a new Jeep Cherokee and a refreshed Dodge Charger [3][6] - The company plans to launch 19 refreshed products across all U.S. assembly plants and update powertrains through 2029 [3] Current Operations and Market Position - Stellantis operates 34 manufacturing plants, parts distribution centers, and R&D sites across 14 states in the U.S. [4] - Of the 16 million cars produced for the U.S. market, 8 million are manufactured domestically, while 4 million are produced in Canada and Mexico, and another 4 million are imported from Europe and Asia [5] Financial Performance - In July, Stellantis reported a loss of €2.3 billion (nearly $2.7 billion) for the first half of the year, with U.S. shipments down nearly 25% due to reduced imports of vehicles produced abroad [7]
EVs take a backseat in Stellantis' $13B U.S. investment plan
TechCrunch· 2025-10-14 22:36
Core Viewpoint - Stellantis plans to invest $13 billion in U.S. manufacturing over the next four years as part of a revival strategy led by its new CEO [1] Investment Details - The investment will facilitate the development and production of five new vehicles by 2029, with manufacturing taking place in Illinois, Ohio, Michigan, and Indiana [2] - A new four-cylinder engine will be produced, and the Belvidere Assembly Plant in Illinois will be reopened to expand production of the Jeep Cherokee and Jeep Compass, creating over 5,000 jobs [2] Vehicle Production Plans - One of the new vehicles will be a range-extended electric vehicle (EV) produced at the Warren Truck Assembly Plant in Michigan starting in 2028, alongside a large gas-powered SUV [3] - Additional products include a next-generation Dodge Durango at the Detroit Assembly Complex in 2029, a new midsize truck at the Toledo Assembly Complex in Ohio, and the GMET4 EVO four-cylinder engine at the Kokomo, Indiana factory beginning in 2026 [4] Strategic Focus - The investment marks a shift from previous multi-billion-dollar pledges that emphasized electrification, as Stellantis has scaled back its electrification plans in the U.S. market [8] - The company recently canceled plans for an electrified Gladiator and a battery-electric full-size pickup but still intends to produce an extended-range Ram 1500 REV [8] Leadership Statement - Stellantis CEO Antonio Filosa emphasized that the investment will drive growth, strengthen manufacturing, and create more American jobs, highlighting the importance of success in the U.S. for the company's overall strength [6]
Stellantis unveils massive $13 billion US investment spend to build more Jeep, Dodge, and Ram trucks
Yahoo Finance· 2025-10-14 22:11
Core Points - Stellantis announced a historic investment of $13 billion to expand its manufacturing footprint in the US, marking the largest investment in the company's 100-year history [1][3] - The investment is expected to increase US production by 50%, create 5,000 new jobs, and involve five new vehicle launches over the next four years [1][3] Investment Details - The largest portion of the investment, $600 million, will be allocated to the Belvidere Assembly Plant in Illinois to reopen by 2027, focusing on the production of Jeep Cherokee and Jeep Compass SUVs [4] - An additional $400 million will be invested in Ohio's Toledo assembly plant for a new midsize truck alongside the Jeep Wrangler and Gladiator, creating 900 new jobs by 2028 [5] - Michigan's Warren Truck Assembly Plant will receive $100 million for retooling to produce a new hybrid range-extended EV and a gas-powered SUV, also adding 900 jobs by 2028 [5] Strategic Context - The investment follows the White House's tariff actions that made imports from regions like Mexico, Canada, and Europe more expensive, aligning with President Trump's push for increased US auto manufacturing [2] - Stellantis' stock rose over 5% in after-hours trading following the announcement, indicating positive market reception [2] - The investment strategy comes after the dismissal of former CEO Carlos Tavares and aims to address challenges faced by Stellantis' US operations, including high inventory and pricing issues [6] Comparison with Industry Peers - Stellantis' investment follows a similar commitment by General Motors, which announced a $4 billion investment to enhance its US manufacturing capabilities earlier this year [7]
Stellantis to invest $13 billion in U.S. operations, plans to add 5,000 jobs
Youtube· 2025-10-14 21:45
Core Insights - Stellantis plans to invest $13 billion in the United States, creating 5,000 new jobs and expanding vehicle production across several plants [1][1][1] Investment Details - The investment includes the production of a next-generation Dodge Durango in Detroit and new engines in Kokomo, Indiana [1][1] - The Belvidere, Illinois plant will reopen to produce two new Jeep models, the Cherokee and the Compass, after previous plans to shut it down were halted due to UAW negotiations [1][1] - A midsize truck production will shift to Toledo, Ohio, while a range-extended electric vehicle will be produced in Warren, Michigan [1][1] Market Position and Strategy - Stellantis has seen a decline in U.S. sales, dropping from approximately 2.2 million vehicles sold in 2018 to about 1.3 million last year, now ranking sixth in U.S. sales [1][1] - The new CEO, Antonio Felosa, aims to revitalize the Jeep and Ram brands, which are crucial to the company's identity and have struggled in recent years [1][1] Production Capacity and Demand - A significant portion of the investment will enhance existing manufacturing capacity rather than solely creating new facilities [1][1] - The company believes there is sufficient demand for Jeep and Ram vehicles, which are considered marquee brands in the U.S. market [1][1] Regulatory Context - Stellantis acknowledges the importance of U.S. manufacturing in response to previous administration policies encouraging domestic production [1][1]
Stellantis to Invest $13 Billion to Grow in the United States
Globenewswire· 2025-10-14 21:01
Core Points - Stellantis plans to invest $13 billion over the next four years to expand its operations in the United States, marking the largest single investment in the company's 100-year history [2][5][6] - The investment will increase annual finished vehicle production by 50% and create over 5,000 new jobs across various states [3][12] - The investment includes the launch of five new vehicles and 19 product actions planned through 2029 [4][12] Investment Details - Illinois: Over $600 million will be invested to reopen the Belvidere Assembly Plant for Jeep® Cherokee and Jeep Compass production, creating approximately 3,300 jobs [6] - Ohio: Nearly $400 million will be allocated for the assembly of a new midsize truck at the Toledo Assembly Complex, expected to create more than 900 jobs [7] - Michigan: Approximately $100 million will be invested to develop a new range-extended EV and internal combustion engine large SUV at the Warren Truck Assembly Plant, adding over 900 jobs [9][10] - Indiana: More than $100 million will be invested in Kokomo facilities to produce the new GMET4 EVO engine, creating over 100 jobs [11] Strategic Goals - The investment aims to strengthen Stellantis' manufacturing footprint and enhance its product offerings in the U.S. market [5][12] - The company emphasizes customer-centric strategies and aims to accelerate growth in the U.S. as a priority for its future [5]