Stellantis warns of significant one-off costs through year-end despite posting better-than-expected Q3 revenues. The Jeep maker’s shares fell sharply as investors weigh restructuring challenges against the company’s $13 billion US investment plan.
In a landmark partnership that signals the accelerating globalization of autonomous vehicle technology, automotive giant Stellantis has joined forces with…
Stellantis has unveiled a historic $13 billion investment to expand manufacturing facilities across four Midwest states. The expansion will increase U.S. production capacity by 50% and create thousands of new automotive jobs through 2029.
Stellantis has announced plans to invest $13 billion to expand its vehicle manufacturing footprint across the American Midwest, according to company reports. This represents the largest single investment in the company’s 100-year U.S. history and is expected to increase annual finished vehicle output by 50% while creating more than 5,000 new jobs.
Stellantis Commits $13 Billion to US Manufacturing Expansion Historic Investment in American Auto Industry Stellantis (STLAM.MI) has announced a monumental…
