Stellantis announced on Oct. 14 that it will invest $13 billion in the U.S. market over the next four years to expand its domestic manufacturing footprint, the “largest single investment” the carmaker has ever made.
Stellantis stated that it plans to launch five new vehicles, including the next-generation Dodge Durango, which will be built in Detroit, and an all-new midsize truck to be assembled in Toledo, Ohio. In addition, the automaker said it also planned to bring in 19 refreshed products across all U.S. assembly plants and updated powertrains planned through 2029.
“This investment in the U.S.—the single largest in the company’s history—will drive our growth, strengthen our manufacturing footprint and bring more American jobs to the states we call home,” Stellantis CEO Antonio Filosa said in the statement.
Of the total investment, Stellantis will allocate over $600 million to reopen the Belvidere Assembly Plant in Illinois and expand production of two vehicles—the Jeep Cherokee and Jeep Compass—which are expected to launch in 2027. The company said the move will create around 3,300 new jobs in the state.
The company also planned to move assembly of its new midsize truck from the Belvidere plant to the Toledo Assembly Complex in Ohio, where it will be built alongside the Jeep Wrangler and Jeep Gladiator. The new truck is expected to be launched in 2028, according to its statement.
Stellantis—the automaker behind brands such as Chrysler, FIAT, Jeep, and Maserati—operates 34 manufacturing facilities, parts distribution centers, and research and development sites across 14 states in the United States, according to its statement.
Stellantis was created 4.5 years ago from the merger of Fiat Chrysler and PSA Peugeot.
The investment comes as the company seeks to offset an estimated 1.5 billion-euro ($1.7 billion) cost of tariffs this year on cars produced in Canada and Mexico, aiming to boost North American profitability through new model launches.
The Windsor Assembly Plant in Ontario, Canada, was shut down for two weeks, while the Toluca Assembly Plant in Mexico halted operation for the entire month of April, according to a message to North American employees by Filosa, who is also Stellantis’s North America COO.





