Stellantis to invest US$13 billion in US plants

Stellantis has unveiled a plan to invest US$13 billion in its US manufacturing base over the next four years.

This amount is the largest in the 100-year history of the Detroit-based brands owned by the multinational conglomerate, which are Dodge, Chrysler, Jeep, and Ram.

This investment will lead to the launch of five new vehicles for different key segments, the production of a new four-cylinder engine, and the creation of more than 5,000 jobs at its plants in Illinois, Ohio, Michigan, and Indiana, the company said.

Upon completion of this expansion, annual finished vehicle production capacity will increase by 50% from current levels, said the French-Italian-American company, whose corporate headquarters are located in the Netherlands.

In addition to the new launches, 19 redesigned models with updated powertrains from all U.S. plants will be released during the same period.

“This investment in the U.S., the largest in the company's history, will drive our growth, strengthen our manufacturing footprint and create more jobs in the states we call home,” said Antonio Filosa, Stellantis CEO and COO for North America.

In Illinois, $600 million will be allocated to reopen the Belvidere Assembly Plant to expand production of the new Jeep Cherokee and the new-generation Jeep Compass.

The plant is expected to begin operations in 2027, and its reactivation is anticipated to generate around 3,300 jobs.

Approximately US$400 million will be invested in the Toledo, Ohio plant for the assembly of a new mid-size pickup truck, which was originally planned to be produced in Belvidere and will tentatively resume the Dakota name.

The truck will be produced alongside the Jeep Wrangler and Jeep Gladiator, and its launch is expected to create more than 900 jobs by its debut date, scheduled for 2028.

The industrial complex known as the Warren Truck Assembly Plant, located in Michigan, will become the production headquarters for a new large SUV with an internal combustion engine and extended-range EV, currently in development and scheduled to roll off the assembly line in 2028.

The plant will receive a US$100 million investment for re-equipment, and the new production program is expected to create 900 jobs at this site, which currently produces the Jeep Wagoneer and Grand Wagoneer.

Also in Michigan, but at the Detroit Assembly Complex – Jefferson, Stellantis will invest US$130 million to produce the next generation of the Dodge Durango, which is expected to launch in 2029.

At the complex located in Kokomo, Indiana, US$100 million will be channeled into the production of a new four-cylinder engine, the GMET4 EVO, starting in 2026. The initiative is expected to generate 100 additional jobs.