Jeep, Ram owner Stellantis unveils $13B investment in US manufacturing as Trump pushes reshoring agenda

Stellantis, one of the Big Three automakers in Detroit, said Wednesday it will invest $13 billion in domestic manufacturing efforts over the next four years — heeding President Trump’s call for major companies to bring operations to US shores.

The massive investment will expand domestic production by 50%, including five new vehicle launches, and add more than 5,000 jobs across factories in Illinois, Indiana, Michigan and Ohio, Stellantis stated.

“This investment in the US – 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 a Wednesday statement.

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“Accelerating growth in the US has been a top priority since my first day,” added Filosa, who took the helm in June and has been eager to boost sales after his predecessor, Carlos Tavares, focused on profits over volumes.

Trump has been pushing US auto giants to ramp up their domestic manufacturing efforts. His tariffs – including a 50% tariff on foreign steel and aluminum – have squeezed supply chains across the industry. 

In June, Stellantis said the tariffs cost the company nearly $350 million in the first half of 2025 as it was forced to pause production at some plants and cut back on shipments of imported vehicles.

Shares in Stellantis – which owns brands like Jeep, Ram and Dodge – jumped 2.3% Wednesday. The stock is down about 20% so far this year.

More than $600 million of the new investment will go toward reopening a plant in Belvidere, Ill., where the production of a new Jeep Cherokee and Jeep Compass will create 3,300 new jobs by 2027, the automaker stated.

A new mid-size truck will be assembled at the company’s Toledo, Ohio, plant thanks to a $400 million investment, the company said. That is expected to create 900 new jobs by 2028.

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Nearly $100 million will back the production of a new electric vehicle and large SUV at a Warren, Mich., plant in 2028, which will support 900 new jobs, according to Stellantis.

It said about $130 million will also go to the Detroit plant, where the next-generation Dodge Durango will be manufactured by 2029.

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New four-cylinder engines will be produced at the company’s facilities in Kokomo, Ind., starting in 2026 — thanks to a $100 million investment — the company said. The new engines will create more than 100 new jobs, it added.

While boosting spending in the US, Stellantis scrapped plans to reopen a Canadian plant that previously employed roughly 3,000 workers.

The company said its four-year investment plan builds on promises to expand US manufacturing that its chairman, John Elkann, made when Trump took office in January and started pushing big firms to reshore their operations.

The automaker – which is the third largest in the world by revenue, according to Consumer Affairs – operates 34 factories across 14 states, employing more than 48,000 workers.