In what the multinational automaker calls the biggest single investment in its history, Stellantis intends to invest billions of dollars to increase production of Jeeps, pickups, and Dodge SUVs in the US.
The company announced on Tuesday that it will invest $13 billion through the end of the decade to introduce a new four-cylinder engine and five new vehicles, generating over 5,000 jobs at plants throughout the Midwest. CEO Antonio Filosa stated that suppliers providing parts for those new models could create 20,000 new jobs.
Stellantis to expand U.S. manufacturing of Jeeps
“The most important and relevant objective that we have with this investment is to grow in this market,” Filosa said.
One of the biggest automakers in the country, Stellantis, may be able to offset tariff costs imposed by President Trump’s administration with the help of the plan. The business has stated that it anticipates $1.5 billion in tariffs this year. Fiat Chrysler Automobiles and France’s PSA Group merged to form the Netherlands-based automaker Stellantis in 2021. The company is primarily dependent on North America, which has historically produced the majority of its profits. Strong sales of Ram 1500 pickups with Hemi V-8 engines propelled Stellantis’ most recent quarter’s 35% year-over-year increase in North American vehicle shipments, the company announced last week.
After previous blunders under former CEO Carlos Tavares, the company has attempted to reduce excess unsold supply in the United States under Filosa. Due to steep drops in sales for one of Stellantis’ most recognizable brands, Jeep, Tavares was fired by the board in late 2024. “Accelerating growth in the U.S. has been a top priority since my first day,” Filosa said in a statement. “Success in America is not just good for Stellantis in the U.S.—it makes us stronger everywhere.”
In 2024, Stellantis imported about 45% of the cars it sold in the U.S. The new investment plan includes both gas-powered and electrified models for plants in Ohio, Indiana, Illinois, and Michigan. Filosa declined to provide specifics but stated that the company will make more announcements regarding Chrysler and Dodge later.
Featured Image Credit: Brett Sayles; Pexels: Thank you!
