Stellantis to invest $13B in U.S. over 4 years, reopen Belvidere

Stellantis announced on Tuesday that it will invest $13 billion in the United States over the next four years to expand manufacturing capacity, introduce five new models and create more than 5,000 jobs across plants in Illinois, Ohio, Michigan and Indiana. The company said the investment will raise its domestic vehicle production by about 50 percent and support a slate of model launches and powertrain updates through 2029.

The automaker said the package includes reopening the idled Belvidere Assembly Plant in Belvidere, Illinois, and returning production of Jeep models to U.S. facilities. Belvidere is slated to resume operations in 2027 and produce two Jeep models, creating roughly 3,300 jobs, Stellantis said. A midsize truck will be assembled in Toledo, Ohio, while Jefferson Assembly in Detroit will build the next generation Dodge Durango. The company also plans powertrain investments in Kokomo, Indiana, to produce a new four cylinder engine beginning next year.

“This investment in the U.S. the single largest in the company’s history will drive our growth, strengthen our manufacturing footprint and bring more American jobs to the states we call home,” Chief Executive Antonio...