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Bloomberg: Stellantis to pour US$10bn into US plants, jobs

Under newly-seated Chief Executive Antonio Filosa, Stellantis is steering capital back to North America. By Stewart Burnett

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. 

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