Announcing the ‘largest single investment in company’s 100-year history’, Stellantis plans to expand US production by 50 percent, 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
Stellantis has announced plans to invest a staggering $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 US 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 US footprint, increasing annual finished vehicle production by 50 percent over current levels. [Read more…] about Automotive giant Stellantis to invest historic record $13 billion to ‘grow in the United States’
