(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.