Stellantis, the global car manufacturer behind Chrysler, Jeep, and Ram, announced a $13 billion investment to enhance its U.S. production facilities over the coming four years, as part of a comprehensive turnaround strategy led by its new CEO.
This funding will lead to the creation and manufacturing of five new models by 2029, with upgrades to plants in Illinois, Ohio, Michigan, and Indiana. The initiative also includes launching a new four-cylinder engine and reopening the Belvidere Assembly Plant in Illinois, enabling increased output of the Jeep Cherokee and Jeep Compass for American consumers. Altogether, the plan is expected to generate over 5,000 new jobs.
In contrast to earlier multibillion-dollar commitments, this investment is not centered on electric vehicles.
Among the five upcoming vehicles, one will be a range-extended electric model — combining a battery with a gasoline generator for longer driving range — set to be built at the Warren Truck Assembly Plant in Michigan starting in 2028. Stellantis also intends to manufacture a large, new gasoline-powered SUV at the same facility.
Other planned products include the next-generation Dodge Durango, which will be assembled at the Detroit Assembly Complex in 2029; a new midsize pickup truck to be produced at the Toledo Assembly Complex in Ohio; and a brand-new four-cylinder engine, the GMET4 EVO, scheduled for production at the Kokomo, Indiana, plant beginning in 2026.
Image Credits:Stellantis Antonio Filosa, Stellantis CEO and North America COO, stated that this investment will fuel the company’s expansion, reinforce its manufacturing presence, and “create more American jobs in the communities we serve.”
“Driving growth in the U.S. has been my top focus from day one. Achieving success in America not only benefits Stellantis here but also strengthens our global position,” Filosa commented in a press release.
Over the past year, Stellantis has reduced its electrification ambitions for the U.S. market. In September, the company announced it would drop plans for an electrified Gladiator from the Jeep lineup as it reevaluated its product direction. Earlier that month, Stellantis also revealed it was scrapping plans for a battery-electric full-size pickup. Nevertheless, the company confirmed it still intends to build an extended-range Ram 1500 REV, previously known as the Ramcharger.
