By Ryan Felton
Jeep-maker Stellantis is planning to spend billions of dollars to make more vehicles in the United States, in what the global automaker describes as the largest single investment in its history.
Stellantis said Tuesday that it would spend $13 billion through the end of the decade as it launches five new vehicles and a new four-cylinder engine, creating more than 5,000 jobs at plants across the Midwest.
The plan could help one of the country's largest car manufacturers defray billions in annual costs from tariffs imposed by President Trump's administration. The company has said it expects a total tariff impact of $1.5 billion for the year.
Last week, Stellantis said that vehicle shipments in North America rose 35% in the most recent quarter, compared with a year earlier, driven by the automaker's normalized inventory levels.
Under Chief Executive Antonio Filosa, Stellantis had been working through a plan to reduce excess unsold supply in the U.S., a byproduct of earlier stumbles under prior Chief Executive Carlos Tavares. Jeep, one of the company's most storied brands in America, saw sales fall off dramatically. The company's board ousted Tavares in late 2024.
(END) Dow Jones Newswires
October 14, 2025 17:23 ET (21:23 GMT)
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