Stellantis to invest USD 13 billion for growth in US, production boosted by 50 per cent

(Il Sole 24 Ore Radiocor) - Stellantis has announced plans to invest $13 billion over the next four years to grow its operations in the United States core market and increase its domestic production facilities. The investment is the most significant in the company's 100-year history in the US and will support the introduction of five new vehicles across its product line-up in the core segments. It will also support the production of its new four-cylinder engine and the creation of more than 5,000 jobs at plants in Illinois, Ohio, Michigan and Indiana. The new investment will further expand Stellantis' already significant presence in the US and will help to increase its global footprint.

The new product launches will be in addition to a regular and already planned schedule up to 2029 of 19 updated models in all US plants and renewed powertrains.

The 13 billion investment plan includes research, development and supplier costs for the implementation of the Company's entire product strategy for the next four years, as well as investments in Stellantis' manufacturing operations. Stellantis' US presence includes 34 manufacturing facilities, parts distribution centres and research and development centres in 14 states. These operations support more than 48,000 employees, 2,600 dealers and nearly 2,300 suppliers in thousands of communities across the country. Today's announcement is in addition to previously announced actions in January 2025.

The $13 billion investment over four years announced by Stellantis in the US is "the largest and most individual investment ever made in the group's history and will stimulate our growth, strengthen our manufacturing facilities, and bring more American jobs to the states we consider home," said Antonio Filosa, Stellantis CEO and Coo for North America, commenting on the huge investment and emphasising that "as we prepare for the next 100 years, we are putting the customer at the centre of our strategy, expanding our range and giving them the freedom to choose the products they want and love." Filosa added that "accelerating growth in the US has been a top priority since my first day. Success in America is not only good for Stellantis in the US, it makes us stronger everywhere.