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Stellantis announces $13 billion US investment plan over next four years

Stellantis объявляет инвестиционный план США на сумму 13 миллиардов долларов на следующие четыре года

Multinational automotive company Stellantis has announced a record $13 billion investment to expand its U.S. manufacturing operations over the next four years. The plan, the largest in the company's 100-year history, aims to increase the company's U.S. vehicle production by 50 percent, launch five new vehicles and introduce 19 model updates by 2029.

The investment will also create more than 5,000 new jobs at plants in Illinois, Ohio, Michigan and Indiana, strengthening Stellantis' position in the American automobile market

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Illinois: Belvidere plant to reopen for Jeep production

Stellantis is investing more than $600 million to open its Belvidere assembly plant in Illinois. The plant will produce two new Jeep® models, the Cherokee and Compass, with production expected to begin in 2027. The reopening will create approximately 3,300 jobs.

Ohio: New mid-size truck production facility in Toledo

In Ohio, Stellantis plans to invest nearly $400 million in production new midsize trucks at the Toledo Assembly Complex, home to the Jeep Wrangler and Jeep Gladiator. The project, expected to begin in 2028, will create approximately 900 jobs.

Additional investment in the Toledo plant will improve manufacturing technology and component supply for existing Jeep models.

Michigan: new large SUV and Next-generation Dodge Durango

In Michigan, Stellantis will invest $100 million in retooling the Warren Truck Assembly Plant to produce an all-new range-extended electric vehicle and combustion-powered SUV starting in 2028 year, will create about 900 jobs.

Meanwhile, $130 million will be invested in the Detroit Jefferson Assembly Complex to prepare the next generation Dodge Durango, which is scheduled to begin production in 2029

Indiana: New GMET4 EVO Engine Production

The company will also strengthen its powertrain production facility in Kokomo, Indiana, investing more than $100 million to produce a new four-cylinder engine GMET4 EVO from 2026. The investment will create more than 100 jobs and strengthen Stellantis' role in engine manufacturing in the United States.



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