Stellantis Shifts Focus to the US with Major Investment

11 days ago

Chloe Malay

"Stellantis will invest 13 billion dollars in the US over the next four years. So it will try to curb the impact of tariffs and reinforce its presence in the US market. This investment was expected; Bloomberg had reported earlier this month about an investment of about 10 billion dollars. This is the confirmation and is really driving the shares up this morning. It's quite an ambitious attempt by Stellantis to try and rebuild a really struggling business in the US, shifting from previous investments in Europe to appeal to US consumers. The plan is to introduce five new models over the next four years and try to get Americans to buy Jeep SUVs again, with unions in the US also cheering for the 5,000 new factory jobs."

The speaker outlines Stellantis' strategic shift with a confirmed $13 billion investment in the US to overcome tariffs and rebuild its US business by launching new models. The commentary highlights the potential positive impact on share performance and job creation.

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