06:08 AM EDT, 10/06/2025 (MT Newswires) -- Stellantis ( STLA ) plans a roughly $10 billion investment in the US in a bid to refocus on that market, Bloomberg News reported Saturday, citing people familiar with the situation.

The automaker could announce roughly $5 billion in new investment in the coming weeks on top of a similar amount earmarked earlier in 2025, the unnamed sources told the news outlet.

Stellantis ( STLA ) may use the proceeds for its plants, including re-openings, hiring and new models, in Illinois, Michigan and other states, Bloomberg reported, citing the people.

The company didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)