A new Jeep Wrangler 4-door Sahara 4×4 vehicle on display for sale at the Stellantis NV dealership in Miami, Florida, USA on Saturday, April 5, 2025.
Eva Marie Uzcategui | Bloomberg | Getty Images
Detroit — StellantisThe company, the 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 it carries out a domestic restructuring under Chief Executive Officer Antonio Filosa.
The transatlantic automaker announced Tuesday that the investment will add more than 5,000 jobs to its domestic workforce and increase domestic production by 50%. Plans include introducing new vehicles to plants in Michigan, Illinois, Indiana and Ohio by 2029.
Stellantis’ U.S.-listed shares rose more than 5% in after-hours trading Tuesday. The company’s stock price has fallen 24% this year.
The announcement comes as President Donald Trump seeks to create more manufacturing jobs in the United States by introducing aggressive tariffs, particularly on the auto industry. The company announced an expansion of the plan that Stellantis Chairman John Elkann detailed to President Trump in January.
Filosa, who led the company’s North American operations before becoming CEO on June 23, told CNBC on Tuesday. “We know what we need to do to grow this market.”
On June 6, 2025, incoming CEO Antonio Filosa, head of Stellantis’ Americas operations, greets employees at the Windsor Assembly Plant during an event celebrating Stellantis’ 100th anniversary.
Stellantis
The company’s U.S. sales peaked in 2018, when it was known as Fiat Chrysler, at more than 2.2 million units. Sales have since fallen 42% last year as the company and former CEO Carlos Tavares, who was fired late last year, focused on profits over sales volume.
Stellantis’ new vehicle investments include medium-duty trucks for its Toledo, Ohio, plant. Two new Jeep vehicles at a shuttered facility in Belvidere, Illinois. The Michigan plant will produce the next generation version of the Dodge Durango SUV and an “all-new extended-range EV and internal combustion engine large SUV.”
Other investments include research and development and supplier costs to execute on the company’s new product strategy, as well as additional investment in the company’s U.S. powertrain hub in Kokomo, Indiana.
Filosa said the investment decision was the result of discussions with the company’s new management team and stakeholders, including the company’s franchised dealer network. He downplayed tariffs as a major factor in the decision, saying automakers need to plan for the long term.
It wasn’t immediately clear how much of the investment and jobs are new or had been previously announced as part of a 2023 deal with the United Auto Workers that includes $18.9 billion in new investments through April 2028.
However, there are some differences. For example, a medium-duty truck was previously planned for Stellantis’ Belvidere Assembly Plant in Illinois through a $1.5 billion investment. That vehicle, or another medium-duty truck, will now be added to the company’s Toledo plant through a $400 million investment.
The investment covers most of the company’s major U.S. manufacturing plants. Stellantis’ U.S. footprint includes 34 manufacturing facilities across 14 states, parts distribution centers, and research and development sites. The company says the business employs more than 48,000 people.
