With this plan, the automaker plans to increase its annual production by 50% compared to current levels and maintain a launch schedule that will include 19 renewed models and technological updates until 2029.
Stellantis announced a record investment of US$13 billion for the next four years with the aim of strengthening its presence in USAexpand its production capacity and generate thousands of new jobs.
This is the largest disbursement in the company’s hundred-year history in that country, intended to promote the development of five new modelsa new four cylinder engine and the incorporation of more than 5,000 workers in their plants Illinois, Ohio, Michigan and Indiana.
Stellantis announced a historic investment of US$13 billion to expand its production and employment in the US
Stellantis announced a historic investment of US$13 billion to expand its production and employment in the USannual production from current levels and maintain a release schedule that will include 19 renewed models and technological updates until 2029.
“This unprecedented investment reaffirms our commitment to the United States, strengthens our industrial network and allows us to continue generating employment in the communities where we operate,” he stated. Antonio Filosa, Stellantis CEO and COO for North America. “Our goal is to continue growing in the US market, offering a broader range of vehicles and technologies that respond to customer preferences.”
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The plan includes specific actions by state. In Illinoisthe reopening of the Belvidere plant will require more than 600 million dollars and will allow the resumption of production of Jeep Cherokee and Compass starting in 2027, creating around 3,300 new positions. In Ohiowill be allocated 400 million for the manufacture of a new medium-sized truck at the complex Toledowhere the Wrangler and Gladiatoradding some 900 jobs.
In Michiganwill develop a Large SUV with extended rangewhich will be produced from 2028 at the Warren Truckalong with additional investment in Detroit Assembly for the next generation of Dodge Durango. Finally, in IndianaStellantis will invest more than 100 million dollars to make the new GMET4 EVO enginegenerating more than 100 jobs.
With 34 plants, development and distribution centers in 14 states, Stellantis employs more than 48,000 people and maintains a network of 2,600 dealers and 2,300 suppliers. This investment reinforces its position as one of the most important industrial players in the automotive sector in the US.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
