Stellantis NV (STLA.US) announced plans to invest $13 billion in the United States over the next four years, aimed at revitalizing its operations in this crucial market and mitigating tariff impacts. The company stated in a Tuesday announcement that this represents the largest investment in its over 100-year history, which will increase annual finished vehicle production by 50% compared to current levels.

The total amount encompasses investments in research and development, supplier costs, and manufacturing operations. This plan marks the most significant effort to date by the struggling automaker to rebuild its severely impacted US business, where market share has declined partly due to an aging product lineup.

This also represents the latest move by a major US automaker responding to pressure from Trump, who has advocated for substantial domestic investment announcements. President Trump has consistently promoted high tariffs as a means to suppress imports, boost domestic manufacturing, and create employment opportunities.

In June this year, General Motors announced a $4 billion US investment to increase gasoline-powered vehicle production while reducing manufacturing scale in Mexico.

Stellantis CEO Antonio Filosa stated in a phone interview: "We want to grow in America with American-made products. Like the President, we are committed to bringing jobs back to America, and we are doing exactly that and will continue to do so."

Stellantis indicated the plan will create over 5,000 new jobs at facilities in Illinois, Ohio, Indiana, and Michigan. Filosa declined to specify how much tariff risk these investments would help Stellantis reduce. The company estimates approximately €1.5 billion (roughly $1.7 billion) in tariff exposure this year.

However, he noted the plan will encourage Stellantis suppliers to produce more components domestically, which the company estimates could generate approximately 20,000 additional jobs.

The plan includes launching five new vehicle models over the next four years, including two new brands, along with further improvements to product lines across all existing brands.

The automaker announced it will invest $600 million in 2027 to expand Jeep Cherokee and Compass SUV production at its idle Belvidere, Illinois assembly plant, creating approximately 3,300 jobs.

The United Auto Workers union praised Stellantis' investment as a "major victory" for its members. UAW President Shawn Fain stated: "Their decision today proves that targeted automotive tariffs can actually bring thousands of quality union jobs back to America. Wall Street and so-called industry experts claimed this was impossible to achieve. But the destructive competition triggered by free trade is finally coming to an end."

In January, following a meeting with Trump, Stellantis announced plans to produce a midsize pickup truck at the Belvidere facility. This model has now been relocated to the Toledo, Ohio plant, with production scheduled to begin in 2028.

The company will also introduce a new extended-range electric vehicle and a gasoline-powered SUV at its Warren, Michigan facility, which has experienced layoffs in recent years.

Since Filosa assumed the CEO position earlier this year, Stellantis has undertaken a regional investment realignment, with particular emphasis on its critical US operations. Under former CEO Carlos Tavares' leadership, Stellantis had aggressively pursued transferring production and engineering operations to lower-cost countries like Mexico. Filosa is now attempting to reverse these initiatives.

"We can achieve growth because we have invested in the right technology, the right products, and the right existing brands. That's what we're doing," Filosa explained.