A new Jeep Wrangler 4-door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, United States, on Saturday, April 5, 2025.
Eva Marie Uzcategui | Bloomberg | Getty Images
DETROIT — Stellantisthe parent company of Chrysler, Jeep and other auto brands, plans to invest $13 billion in its U.S. manufacturing operations over the next four years as the company executes a domestic turnaround plan under CEO Antonio Filosa.
The transatlantic automaker said Tuesday the investments would create more than 5,000 jobs in its domestic workforce and support new products at its plants in Michigan, Illinois, Indiana and Ohio through 2029.
Stellantis stock rose more than 5% after hours Tuesday.
The announcement comes as President Donald Trump pushes to create more U.S. manufacturing jobs through aggressive tariffs, particularly for the auto industry.
Stellantis’ five new products include the deployment of a mid-size truck for a factory in Toledo, Ohio; two new Jeep vehicles for a closed facility in Belvidere, Illinois; and a next-generation version of the Dodge Durango SUV and “an all-new large range-extended EV SUV with internal combustion engine” at Michigan plants.
“Accelerating growth in the United States has been a top priority since my first day. Success in America is not only good for Stellantis in the United States, it makes us stronger everywhere,” Filosa said in a statement.
It’s not immediately clear how many investments and jobs are new or how many were previously announced as part of the company’s 2023 contract with the United Auto Workers union, which called for $18.9 billion in new investments through April 2028.
But there are some differences. For example, a mid-size truck was previously planned for Stellantis’ Belvidere assembly plant in Illinois, thanks to a $1.5 billion investment. That vehicle, or another midsize truck, is now expected to be added to the company’s Toledo plant thanks to a $400 million investment.
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