Overview

• Bloomberg reports Stellantis will add roughly $5 billion to North America on top of an existing $5 billion allocation, taking planned U.S. investment to about $10 billion.
• The company is reportedly preparing to reopen shuttered U.S. factories to support new products for Chrysler, Dodge and Jeep, with the moves described as potentially leading to a new Dodge V8 muscle car.
• Stellantis has not confirmed any new V8 model, and the possibility of a Dodge V8 return remains characterized in the reporting as unconfirmed.
• Signals of an ICE focus include the July revival of the SRT performance division and the resumption and ramp-up of Hemi V8 production.
• Dodge chief Matt McAlear said the Hemi might fit the new Charger, and coverage cites relaxed U.S. emissions rules and reports of scrapped EV halo projects, including the Charger Banshee, as context for the pivot.