Stellantis announced a $13 billion investment over four years to expand its U.S. manufacturing capacity, reopen idle plants, launch five new models, and add more than 5,000 jobs. The move — its largest ever in the U.S. — aims to boost annual vehicle production by 50%.
Stellantis’ investment includes R&D, supplier support, and facility upgrades across Illinois, Ohio, Michigan and Indiana.
Key allocations include:
• $600M to reopen the Belvidere, IL, plant for Jeep Cherokee and Compass production by 2027, creating about 3,300 jobs.
• $400M to shift a midsize truck line to Toledo, OH, with a projected start of 2028, creating more than 900 jobs.
• $100M to retool Warren, MI, to produce a new large ICE SUV and a new extended range EV beginning in 2028, adding more than 900 jobs.
• $130M to ready the Detroit Assembly Complex-Jefferson plant for next-generation Dodge Durango in 2029.
• Over $100M to expand Kokomo, IN, engine operations for its new four-cylinder GMET4 EVO engine from 2026, creating more than 100 jobs.
Stellantis currently supports a footprint of 34 U.S. manufacturing, parts and R&D facilities, 48,000 U.S. employees, 2,600 dealers and about 2,300 suppliers. The automaker said the investment is contingent on final approvals and government development packages.
The announcement comes amid Stellantis grappling with $1.7 billion in tariff costs in 2025 alone. The company’s U.S. shipments have fallen about 25% year over year, a pressure that has prompted CEO Antonio Filosa to refocus on North American strength.
Stellantis recently expanded its relationship with Helm, announcing new wholesale roles and service lines intended to support collision repair facilities as well as fleet support and wholesale parts operations.
GM to Take $1.6B EV Charge
General Motors announced in a public filing it will take a $1.6 billion charge in its Q3 2025 results as it reorients its electric vehicle push amid weakening policy support and softer-than-expected demand. The charge comprises $1.2 billion in non-cash impairments tied to EV capacity adjustments and $400 million in contract cancellations and settlements.
The automaker said in the filing its reassessment of EV capacity and its manufacturing footprint is ongoing, suggesting the possibility of further write-downs in future quarters. GM expects the charges will hit its net results in Q3, though they will be treated as special items and excluded from adjusted operating metrics that analysts track closely.
Even as automakers retreat from aggressive EV investments, EV collision claims still show upward trends. Mitchell’s Q2 2025 “Plugged-In: EV Collision Insights” report noted that repairable battery electric vehicle (BEV) claim frequency dropped slightly to 2.92 %, but that follows a prior year with strong gains amid input volatility.
Looking back, in 2024 the frequency of repairable BEV collisions rose 38% in the U.S., compared to the previous year. And claims severity remains elevated: in Q2 2025, average severity for BEVs in the U.S. was $5,903, well above ICE vehicles.
