US Edition
Published • loading... • Updated
Automaker Stellantis planning $10 billion in U.S. investments, Bloomberg News reports
Stellantis aims to regain Jeep market share and revive Dodge with new models, including a midsize pickup, investing $10 billion over several years in US plants.
- French-Italian-American automaker Stellantis is planning to invest about $10 billion in the United States, with about $5 billion in fresh investments on top of a similar amount earmarked earlier this year.
- The investments over several years could be funneled into plants including reopenings, hiring, and new vehicle models in states such as Illinois and Michigan.
- Stellantis is focused on reclaiming the past success of the Jeep brand and is considering fresh investments in Dodge, which could result in a new Dodge V8 muscle car, and possibly even the Chrysler brand in the long term.
Insights by Ground AI
Podcasts & Opinions
32 Articles
32 Articles
Jeep Parent Stellantis Is Going All-In On America Again - Stellantis (NYSE:STLA)
Stellantis (NYSE:STLA), the parent company of brands like Jeep, Dodge, and Chrysler, plans to invest about $10 billion in the United States as part of a sweeping effort to regain its footing in its most profitable market. The automaker, known for its Jeep SUVs and Ram pickups, is preparing to channel billions into U.S. manufacturing, potentially reopening plants, hiring workers, and rolling out new models across key states such as Illinois and M…
·New York, United States
Read Full Article
Relaunch plan for Chrysler. On October 20th the truth summit for Italian factories
·Italy
Read Full Article
Coverage Details
Total News Sources32
Leaning Left5Leaning Right5Center10Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
To view factuality data please Upgrade to Premium
