Insiders with knowledge of the situation report that Stellantis Group is poised to invest around $10 billion in the United States, as part of a strategic move to refocus on a market that holds significant importance for its profitability. The automotive conglomerate, which boasts popular brands such as Jeep SUVs and Ram pickup trucks, is currently navigating through challenging times. Sources have revealed that, in addition to a comparable sum of funding already allocated earlier in the year, the automaker is contemplating an extra investment of approximately $5 billion in the upcoming weeks.

This substantial investment, slated to unfold over the next several years, is anticipated to be channeled into various initiatives, including the revival of factories, recruitment of personnel, and the development of innovative vehicle models. The scope of this investment will also encompass states like Illinois and Michigan, reflecting Stellantis Group's commitment to bolstering its presence and operations in these key regions.