A Jeep Wrangler for sale at a Stellantis NV dealership in Miami, Florida. Photo by Eva Marie Uzcategui / Photographer: Eva Marie Uzcategu
(Bloomberg) — Stellantis NV said it will invest $13 billion in the US over the next four years as the maker of Jeep sport utility vehicles and Ram pickups seeks to reinvigorate its business in the critical market and curb the impact of tariffs.
The move will boost annual finished vehicle production by 50% over current levels, the automaker said Tuesday in a statement. The total dollar figure includes research and development and supplier costs as well as investments in manufacturing operations.
The plan marks the troubled automaker’s most ambitious attempt yet to rebuild its battered business in the US, where it has lost market share in part due t