Jeep, Ram owner Stellantis unveils $13B investment in US manufacturing as Trump pushes reshoring agenda
1. Stellantis plans $13 billion investment in US manufacturing over four years. 2. Investment will create 5,000 jobs and expand production by 50%. 3. CEO emphasizes focus on domestic growth amidst tariffs impacting profits. 4. Plans include five vehicle launches and restoration of Belvidere plant. 5. Company's stock increased 2.3% following the announcement.