Stellantis is planning to invest about US$10bn in the US as it refocuses its strategy on a market that has long anchored its profits, according to a report by Bloomberg. The automaker is preparing to announce roughly US$5bn in new funds—on top of a similar amount set aside earlier this year—to reopen plants, hire workers and launch new models in states including Illinois and Michigan.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?