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]. - There will also be investments in Kokomo, Indiana, to produce the GMET4 EVO engine, which will help mitigate approximately $1.74 billion in tariff costs on affected vehicles and components [5]. Market Reaction - Following the announcement, Stellantis shares saw a premarket increase of 0.4% after previously closing over 2.5% lower, with a peak increase of 5% noted in premarket trading [6].

Stellantis to Invest $13 Billion to Grow in the United StatesExpands U.S. Production by 50% With Five New Vehicle Launches and 19 Product Actions Over Next Four Years, Adding More Than 5,000 New Jobs at Plants in Illinois, Ohio, Michigan and Indiana Largest single investment in Company’s 100-year history, which benefits all U.S. assembly plantsBelvidere, Illinois, plant to reopen for production of two new Jeep® vehiclesAll-new midsize truck to be assembled in Toledo, OhioWarren, Michigan, plant to produce ...