Stellantis has announced plans to invest $13 billion over the next four years to grow its business in the United States market and to increase its domestic manufacturing footprint, adding over 5,000 jobs in Indiana, Illinois, Ohio and Michigan facilities.
Read MoreStarPlus Energy LLC, the joint venture between Stellantis and Samsung SDI, will lay off 59 salaried employees at its electric vehicle battery manufacturing facility in Kokomo, the automaker announced.
Read MoreStellantis plans to offset a projected $1.7 billion in tariff-related costs this year by ramping up North American profitability, including relaunching models like the Jeep Cherokee and Dodge Charger, CEO Antonio Filosa said Tuesday, July 29.
Read MoreStellantis NV reported a surprise $2.7 billion net loss for the first half of 2025 as new Chief Executive Officer Antonio Filosa begins restructuring the automaker amid shifting global market dynamics and increasing pressure from U.S. trade policy changes.
Read MoreGlobal automaker Stellantis said Thursday, April 3 it would suspend production at two plants in North America and temporarily layoff 900 U.S. workers because of the tariffs currently in place in the automotive sector.
Read MoreEconomic development officials in Indiana are closely watching possible cuts of Biden-era policies encouraging electric vehicle, or EV, production, amid worries over the future of local investments.
Read MoreThe United Auto Workers strike against the big three domestic automakers has some economists arguing that we are entering a new wave of labor union activism.
Read MoreThe City of Kokomo secured a second battery manufacturing plant for electronic vehicles, a $3.2 billion investment from Stellantis and Samsung SDI that will also operate as a StarPlus Energy gigafactory with an anticipated 1,400 new, high-wage jobs.
Read MoreStellantis NV and Samsung SDI on Wednesday, Oct. 11, announced that Kokomo will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture.
Read MoreTwo more plants, employing 7,000 workers, joined the United Auto Workers strike at noon Friday but Hoosier workers avoided joining the picket line.
Read MoreFor the first time in United Auto Workers history, the union went on strike Friday, Sept. 15, against all Big Three automakers.
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