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DETROIT — Stellantis
, the parent company of Chrysler, Jeep and other auto brands, plans to invest $13 billion in U.S. manufacturing operations over the next four years, as the company executes a domestic turnaround plan under CEO Antonio Filosa.
The trans-Atlantic automaker on Tuesday said the investments will add more than 5,000 jobs to its domestic workforce and involve new products at plants in Michigan, Illinois, Indiana and Ohio through 2029.
Stellantis stock rose more than 5% in after-hours trading Tuesday.
