Oct 4 (Reuters) - European automaker Stellantis ( STLA )
is planning to invest about $10 billion in the United
States, Bloomberg News reported on Saturday, citing people
familiar with the situation.
Stellantis ( STLA ) may announce in the coming weeks about $5 billion
in fresh investment on top of a similar amount earmarked earlier
in the year, the report said.
The report added that the investments over several years
could be funneled into plants - including reopenings, hiring,
and new vehicle models - in states such as Illinois and
Michigan.
Reuters could not immediately verify the report.