Stellantis Invests $13 Billion to Counter Tariffs, Boost U.S. Production

Automotive giant Stellantis is making a major investment of $13 billion in the United States to boost production and shield against past tariffs. The focus is on plants in Michigan, Ohio, Illinois, and Indiana, aiming to bolster domestic manufacturing. This move is expected to create at least 5,000 new jobs. The investment aims to address higher import costs imposed by previous administrations, particularly under the Trump era. Stellantis CEO Antonio Filosa emphasizes the significance of U.S. growth for the company’s global success.