Whether it is because the European market seems increasingly restrictive, and therefore less appealing and profitable, or because the customs duties and other analogous measures from the current U.S. administration are starting to take their toll, or due to an intrinsic desire or need to grow in the second largest automotive market in the world, the truth is that Stellantis will make its largest investment ever in the U.S. It will be no less than 13 billion dollars (approximately 11.12 billion euros) spread over four years, benefiting all its factories located in U.S. territory, with the goal of increasing local production by 50% during this period, launching five new models aimed at key segments, making 19 product updates, producing a new four-cylinder engine, and creating 5,000 new jobs – and ultimately growing its business in the country.
In detail, 600 million dollars will be invested to reopen the Belvidere plant in the state of Illinois to boost production, starting in 2027, of the Cherokee and Compass models intended for the U.S. market, a measure that will allow for the creation of about 300 new jobs. In Ohio, 400 million will be spent so that the Toledo plant will produce, alongside the Jeep Wrangler and Gladiator, a new mid-size pickup truck, initially allocated to Belvidere, with its launch scheduled for 2028.
In Warren, Michigan, where the Jeep Wagoneer and Grand Wagoneer are currently produced, the production of a new SUV with a combustion engine and electric powertrain with range extender is scheduled to begin in 2028, which will require an investment of 100 million dollars but will create 900 new jobs. Also in Michigan, the Jefferson plant will receive an investment of 100 million dollars to manufacture, starting in 2029, the next generation of the Dodge Durango.
Finally, at the Kokomo plant in Indiana, more than 100 million dollars will be spent, and 100 new jobs will be created, for the production of the GMET4 Evo, a completely new four-cylinder engine, considered strategic for Stellantis’s commercial aspirations in North America, starting in 2026.
It is worth noting that, currently, Stellantis has 34 facilities in the U.S., spread across 14 states, and divided among factories, parts distribution centers, and research and development centers – whose operations support more than 48,000 employees, 2,600 dealers, and nearly 2,300 suppliers.
