Overview

• The four-year program targets roughly a 50% increase in domestic production and five new vehicles supported by a new GMET4 EVO four-cylinder engine.
• Belvidere, Illinois, will restart in 2027 to build Jeep Cherokee and Compass for the U.S. market with about 3,300 jobs tied to the relaunch.
• Product allocations include a range-extended EV and a gas large SUV at Warren in 2028, a next-generation Dodge Durango in Detroit in 2029, and a midsize truck in Toledo.
• Stellantis earmarked more than $600 million for Belvidere and $400 million for Toledo as state incentive talks continue in Illinois.
• U.S.-listed shares rose about 6–7% after hours following the announcement, and the UAW hailed the plan as a victory that brings 5,000 union jobs.