Stellantis announced a $13bn investment in the US, which will see Jeep Compass production move from Canada to the US.

Stellantis plans to invest $13 billion in U.S. auto manufacturing operations over the next four years, as the company executes a turnaround under CEO Antonio Filosa.

Carmaker Stellantis says it plans to invest billions in U.S. car manufacturing over the next four years under its new company chief.