Stellantis is turning its focus once again to the United States. The automotive group, which is under the leadership of Antonio Filosa, is in the process of preparing a substantial $10 billion investment to revitalize its American production center. This initiative represents an important shift from its previous approach and is currently causing a surge in the company's stock price on the Milan Stock Exchange. According to Bloomberg, Stellantis plans to announce a new $5 billion investment package in the United States in the coming weeks, in addition to the $5 billion allocated at the start of the year. The funds, stretched out over several years, will be used to reopen and modernize operations in Illinois and Michigan, resulting in new jobs, the revitalization of old brands, and the development of new models. Among the most advanced projects is the reactivation of the currently idle Belvidere (Illinois) plant, where Stellantis has committed to rehire around 1,500 workers to construct a new mid-size Ram pickup truck.
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