Expands 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 plants
• Belvidere, Illinois, plant to reopen for production of two new Jeep® vehicles
• All-new midsize truck to be assembled in Toledo, Ohio
• Warren, Michigan, plant to produce all-new range-extended EV and internal combustion engine large SUV
• Next-generation Dodge Durango to be built in Detroit
• Kokomo, Indiana, facilities to produce all-new GMET4 EVO engine

Stellantis announced today plans to invest $13 billion over the next four years to grow its business in the critical United States market and to increase its domestic manufacturing footprint. The investment is the largest in the Company's 100-year U.S. history and will support the introduction of five new vehicles across the brand portfolio in key segments; production of the all-new four-cylinder engine; and the addition of more than 5,000 jobs at plants in Illinois, Ohio, Michigan and Indiana.

The new investment will further expand Stellantis' already significant U.S. footprint, increasing annual finished vehicle production by 50% over current levels. The new product launches will be in addition to a regular cadence of 19 refreshed products across all U.S. assembly plants and updated powertrains planned through 2029.

"This investment in the U.S. – the single largest in the Company's history – will drive our growth, strengthen our manufacturing footprint and bring more American jobs to the states we call home," said Antonio Filosa, Stellantis CEO and North America COO. "As we begin our next 100 years, we are putting the customer at the center of our strategy, expanding our vehicle offerings and giving them the freedom to choose the products they want and love."

 

Source: prnewswire.com

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