Stellantis to increase U.S. production by 50%

"Stellantis said the investment amounts to "the largest in the Company's 100-year U.S. history," increasing its U.S. vehicle production by 50%. The plan includes: A new plug-in hybrid SUV and conventional engine version to be produced at its truck plant in Warren, Mich., beginning in 2028. An overhaul of a factory in Detroit to make the next-generation Dodge Durango beginning in 2029."

"Reopening its assembly plant in Belvidere, Ill., which it had agreed to do as part of its UAW contract in 2023. The plant will make the Jeep Cherokee and Jeep Compass. The company reportedly recently canceled plans for a battery plant at Belvidere that was also part of the UAW deal. Locating production of a new midsize truck at its plant in Toledo, Ohio. The vehicle, previously set for Belevedere, is set to arrive in 2028."

The investment amounts to the largest in the Company's 100-year U.S. history and increases U.S. vehicle production by 50%. A new plug-in hybrid SUV and a conventional-engine version will be produced at the Warren, Michigan truck plant beginning in 2028. A Detroit factory will be overhauled to build the next-generation Dodge Durango beginning in 2029. The Belvidere, Illinois assembly plant will reopen to produce the Jeep Cherokee and Jeep Compass; plans for a battery plant at Belvidere were reportedly canceled. A new midsize truck will be built in Toledo, Ohio, arriving in 2028. More than 40% of U.S. sales were imports in 2024. The plan bundles new investments with projects already in progress, such as Belvidere.

Read at Axios