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Automaker Stellantis planning $10 billion in U.S. investments, Bloomberg News reports
Stellantis aims to reverse declining sales with $10 billion for plant reopenings, hiring, and new models including Jeep Cherokee and RAM trucks, CEO Filosa said.
- French-Italian-American automaker Stellantis is planning to invest about $10 billion in the United States, with about $5 billion in fresh investments on top of a similar amount earmarked earlier this year.
- The investments over several years could be funneled into plants including reopenings, hiring, and new vehicle models in states such as Illinois and Michigan.
- Stellantis is focused on reclaiming the past success of the Jeep brand and is considering fresh investments in Dodge, which could result in a new Dodge V8 muscle car, and possibly even the Chrysler brand in the long term.
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24 Articles
24 Articles
Automaker Stellantis planning $10 billion in US investments, Bloomberg News reports
French-Italian-American automaker Stellantis , is planning to invest about $10 billion in the United States, Bloomberg News reported on Saturday, citing people familiar with the situation.
·United Kingdom
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According to a report by the Bloomberg news agency, the car company plans to invest in the amount of ten billion dollars.
·Munich, Germany
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The money is to flow into plants in Illinois and Michigan, among others. US President Trump, according to a Republican Senator, is considering customs facilitations
·Vienna, Austria
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Automaker Stellantis apparently plans new plants in Illinois and Michigan. The company is also considering reopening factories.
·Vienna, Austria
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Total News Sources24
Leaning Left4Leaning Right4Center7Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 27%
C 46%
R 27%
Factuality
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