financetom
Business
financetom
/
Business
/
Automaker Stellantis planning $10 billion in US investments, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Automaker Stellantis planning $10 billion in US investments, Bloomberg News reports
Oct 4, 2025 12:53 PM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Huntington Ingalls Industries Wins $3 Billion Contract From US Defense Department
Huntington Ingalls Industries Wins $3 Billion Contract From US Defense Department
Nov 3, 2024
12:52 PM EDT, 10/31/2024 (MT Newswires) -- Huntington Ingalls Industries' ( HII ) mission technologies unit won a $3 billion contract from the US Department of Defense and its partners to bolster strategy aimed at improving communications among military branches and making quick decisions to enhance national security. The Logistics Services, ISR Operations and Next-Gen Technology task order aligns with...
Market Chatter: Alphabet's Waymo Valued at Over $45 Billion After Latest Financing Round
Market Chatter: Alphabet's Waymo Valued at Over $45 Billion After Latest Financing Round
Nov 3, 2024
12:50 PM EDT, 10/31/2024 (MT Newswires) -- Alphabet's (GOOG) Waymo was valued at over $45 billion including its latest financing round, Bloomberg reported Thursday, citing people familiar with the matter. The business raised $5.6 billion in the latest financing round, the news outlet reported. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to...
Mastercard Q3 Earnings: Revenue And EPS Beat, Cross Border Transactions Growth, Sees European Consumer Confidence Improvement
Mastercard Q3 Earnings: Revenue And EPS Beat, Cross Border Transactions Growth, Sees European Consumer Confidence Improvement
Nov 3, 2024
Mastercard Inc ( MA )  reported fiscal third-quarter net revenues of $7.37 billion, up 13% year over year and 14% year over year on a neutral currency basis, beating the analyst consensus estimate of $7.27 billion. Adjusted EPS rose 15% year over year to $3.89, exceeding the analyst consensus estimate of $3.74. Payment network net revenue rose 10% Y/Y (+11% Y/Y on a currency-neutral basis),...
Update: Teleflex Shares Fall After Firm Lowers Revenue Growth Outlook
Update: Teleflex Shares Fall After Firm Lowers Revenue Growth Outlook
Nov 3, 2024
12:47 PM EDT, 10/31/2024 (MT Newswires) -- (Updates with stock price movement in headline and first paragraph) Teleflex ( TFX ) shares fell nearly 16% in recent Thursday trading after the company lowered its outlook for revenue growth. Revenue for the year is now expected to grow 2.9% to 3.4%, compared with earlier guidance for growth of 3.4% to 4.4%....
Copyright 2023-2026 - www.financetom.com All Rights Reserved