Stellantis, one of the world’s largest automakers, has announced a sweeping $13 billion investment plan to revitalize and expand its manufacturing presence across the United States—a move that stands as the largest single outlay in the company’s 100-year history. The announcement, made on October 15, 2025, marks a pivotal moment for Stellantis as it seeks to boost domestic vehicle production by 50% over the next four years, launch five new vehicles, and create over 5,000 new jobs across key Midwestern states.
According to Automotive News and confirmed by a company press release on October 14, the investment will be distributed among four major manufacturing hubs: Illinois, Ohio, Michigan, and Indiana. The plan includes reopening the once-shuttered Belvidere Assembly Plant in Illinois, launching a new midsize pickup in Ohio, producing a next-generation Dodge Durango in Detroit, and rolling out a new four-cylinder engine in Indiana. The company’s leadership, now under CEO Antonio Filosa, is betting big on a resurgence in the American auto market—and on the enduring appeal of its Jeep, Dodge, and Ram brands.
"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," said Filosa in a statement reported by Industry Dive. He emphasized that accelerating growth in the U.S. has been a top priority since his first day as CEO. "Success in America is not just good for Stellantis in the U.S.—it makes us stronger everywhere," Filosa added.
The centerpiece of the initiative is the $600 million reopening of the Belvidere Assembly Plant in Illinois, which Stellantis had closed in February 2023 as part of a cost-cutting effort. Now, the plant is poised for a comeback, with plans to expand production of the Jeep Cherokee and Jeep Compass SUVs for the U.S. market. The facility is expected to create roughly 3,300 jobs and begin producing vehicles in 2027. As Industry Dive notes, this move is seen as a significant reversal and a signal of Stellantis’s renewed commitment to U.S. manufacturing.
Meanwhile, in Ohio, Stellantis will invest $400 million into its Toledo Assembly Complex to build an all-new midsize pickup. Production is scheduled to start in 2028 and is expected to add about 900 jobs. The Ohio plant will continue to produce the Jeep Wrangler and Gladiator, two of the company’s most iconic models.
Michigan is also set to benefit from the investment. Stellantis plans to pour $100 million into its Warren Truck Assembly Plant to produce an all-new range-extended electric vehicle (EV) and a new full-size SUV with an internal combustion engine. Production at this plant is expected to start in 2028. The Warren facility currently manufactures the Jeep Wagoneer and Grand Wagoneer, and Stellantis recently unveiled the redesigned 2026 Grand Wagoneer, which will be offered with two powertrain options: a range-extended version and a 3.0-liter Hurricane twin-turbo engine.
Detroit’s Assembly Complex will see $130 million invested to prepare for the next-generation Dodge Durango SUV, with production targeted to begin in 2029. Over in Indiana, the Kokomo plant will start producing the all-new four-cylinder GMET4 EVO engine in 2026, backed by an investment of over $100 million and expected to add more than 100 jobs.
Unlike many recent auto industry investments, Stellantis’s plan is not focused primarily on electrification. Only one of the five new vehicles will be a range-extended EV, with the rest being traditional or hybrid internal combustion models. This approach reflects a strategic decision to balance consumer demand for both electric and gasoline-powered vehicles, especially as the U.S. market remains divided on the pace of EV adoption.
Stellantis’s investment comes at a time of significant transition and challenge for the company. After years of declining sales and profits in North America and Europe, the automaker is working to regain its footing. In July 2025, Stellantis reported that its first-half revenues had fallen 13% compared to the previous year, resulting in an operating loss of 2.3 billion euros. Net revenue for the first six months of 2025 dropped to 74.3 billion euros, which Stellantis attributed mainly to sales declines and a loss of market share.
The shakeup at the top was swift. Antonio Filosa, who took over as CEO on June 23, 2025, after the resignation of Carlos Tavares in December 2024, quickly announced a new leadership team. According to Industry Dive, Filosa described his new executive team as individuals who "bring an entrepreneurial spirit and profound understanding of the company’s brands." The hope is that this new leadership, coupled with the massive U.S. investment, will help turn around the company’s fortunes.
Stellantis currently operates 34 manufacturing facilities, distribution centers, and research and development sites in the U.S., supporting more than 48,000 employees. The new investment is expected to add over 5,000 jobs, a significant boost for communities across the Midwest. The reopening of the Belvidere plant alone is projected to have a major economic impact on the region, which has faced job losses and uncertainty since the facility’s closure.
The timing of Stellantis’s move is not accidental. The announcement follows the imposition of tariffs that have made importing vehicles from regions like Mexico, Canada, and Europe—where Stellantis also operates—considerably more expensive. There is also political pressure: former President Donald Trump has repeatedly called for more auto manufacturing to return to the U.S., and the current economic climate has made domestic investment more attractive for global automakers.
Investors responded positively to the news. Stellantis stock climbed more than 5% in after-hours trading following the announcement, and shares continued to trade about 1% higher in midday trading the next day, as reported by Automotive News.
Stellantis’s strategy also includes launching 19 refreshed products across its U.S. manufacturing facilities through 2029, many featuring updated powertrains. "As we begin our next 100 years, we are putting the customer at the center of our strategy, expanding our vehicle offerings and giving them the freedom to choose the products they want and love," Filosa said, underscoring the company’s focus on consumer choice and flexibility.
GM, another major U.S. automaker, has also announced similar moves, committing $4 billion earlier this year to expand its own U.S. manufacturing capabilities. This trend signals a broader industry shift toward strengthening domestic production in response to global supply chain disruptions, shifting consumer preferences, and evolving trade policies.
With this historic investment, Stellantis is betting that a renewed focus on American manufacturing, a diversified vehicle lineup, and a fresh leadership approach will help it reclaim lost ground in the fiercely competitive U.S. auto market. The coming years will reveal whether this bold gamble pays off, but for now, the company’s commitment to American jobs and innovation is clear.
