Stellantis to invest $13 billion in the United States

By Nora Eckert (Reuters) -Stellantis announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years. The investment, which Stellantis CEO Antonio Filosa said is the largest in its history, comes as the automaker works to regain its sales momentum in one of its most important markets. U.S.-listed shares of Stellantis were up about 2% in aftermarket trade.  “Accelerating growth in the U.S. has been a top priority since my first day. Success in America is not just good for Stellantis in the U.S. — it makes us stronger everywhere,” Filosa said. (Reporting by Nathan Gomes in Bengaluru; Editing by Shailesh Kuber and Chris Reese)

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