Stellantis Eyes $10 Billion Investment Push in U.S.

Stellantis Eyes $10 Billion Investment Push in U.S.​

Automaker Reportedly Plans Major Reinvestment in American Plants, Jobs, and New Models​

Stellantis is reportedly preparing a massive $10 billion investment plan, with a focus squarely on the United States — its most profitable and strategically vital market.

According to multiple reports, the automaker may soon announce about $5 billion in new investments, adding to a similar amount earmarked earlier in the year. The plan would target key manufacturing states, such as Michigan and Illinois, signaling a renewed commitment to domestic production, job creation, and product expansion after years of focusing on lower-cost markets.

Stellantis Eyes $10 Billion Investment Push in U.S.

Stellantis eyes a $10 billion investment push in the U.S. to boost production and create jobs in key manufacturing states.

moparinsiders.com

 

[Jeeper1961]

Finally. This is what we have been needing. Investment in the US for new product.

 

[bill burke]

You have to spend money to make money. I can’t tell you how many lost opportunities there are out there for those holding tight on money that did nothing to build their wealth. Worse, you follow the orders of a guy who is out of touch with the market and holds a deep bias to things American including their values and tastes. This is not money spent but an investment in financial growth.

 

[patfromigh]

It's just not investing in hardware and facilities. That out of touch guy decimated the American engineering ranks which Sergio had built bottom up after the Daimler disaster. Right now the historic Chrysler corporate brands are paying a dear price for all that cheap outsourced engineering.

 

[Mopar426]

The original articles said "a new v8 dodge muscle car". 10B is a lot of coin, I doubt a motor swap is what they're talking about.

 

[Mike201]

First off just want to thank John Elkann for getting the ball rolling. I truly believe he pushed to have Carlos ousted. Then he filled top ranking posts at Stellantis with people who cared about the American arm, aka: MOPAR. This story has lit up the internet in the last two days. I really see this as a sign good things maybe coming. I think the last part of the puzzle to getting us back is replacing Christine at Chrysler.

 

[Mopar426]

First off just want to thank John Elkann for getting the ball rolling. I truly believe he pushed to have Carlos ousted. Then he filled top ranking posts at Stellantis with people who cared about the American arm, aka: MOPAR. This story has lit up the internet in the last two days. I really see this as a sign good things maybe coming. I think the last part of the puzzle to getting us back is replacing Christine at Chrysler.

She never had any teeth and was just a brand spokesman IMO. If she was hired to do more than that it certainly didnt show or (more likely) her product ideas were never taken seriously

 

[BWS1]

As I’ve said for, 4,5,6 years now - wake me Up when they hit the showroom. Otherwise this is more hocus pocus promise promise

 

[Mike201]

As I’ve said for, 4,5,6 years now - wake me Up when they hit the showroom. Otherwise this is more hocus pocus promise promise

I have been saying that as long as you have, but this time it feels different. I don't know why but it does. I was never for the last merge, not a fan of Carlos and his cronies or his decisions. When Elkann took the reins, I saw something happen. He actually seemed to care about the American brands and where it was NOT heading. I think his pick for CEO with Filosa, and the team he has put together really looks good. Filosa seems on his actions/visits and interviews to show something we have not seen in a while. He actually seems to care about the brand. Maybe it's just me. One of two things will happen; things will turnaround with new product or Filosa will win an Oscar for best actor!

 

[Jeeper1961]

For some reason this company has to be on the brink of death before it turns itself around. Historically, this has happened over and over for Chrysler. And it continues now even under foreign ownership. I think Elkann stepped in and reset the direction of the American brands and this will trickle to all markets foreign and domestic. It will take a few years but we will see some exciting new product. I'm very excited and happy about this.
Some may say $10 B is a lot of money but it's the cost of staying in the game these days. I'd say it is the bare minimum. The US federal government spends a Billion dollars every 8 hours and 20 minutes. $10 B doesn't go as far as it used to. And there is a lot to turn-around. This company needs to re-learn how to design cars, SUV's and trucks that Americans want to buy. Multi-propulsion car and truck platforms may not be the best approach since batteries are so heavy and take up a lot of space. There's a lot of problems to tackle but one area where Chrysler always shined was in the engineering department. I'm betting they can do it again. Now may be a good time to stock up on Stellantis common stock. STLA is the Symbol. It's currently selling for $10.84 a share. Put your money where your mouth is.