(Reuters) -Stellantis ( STLA ) announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years.

The investment, which Stellantis ( STLA ) CEO Antonio Filosa said is the largest in its history, comes as the automaker works to regain its sales momentum in one of its most important markets.

U.S.-listed shares of Stellantis ( STLA ) were up about 2% in aftermarket trade. 

"Accelerating growth in the U.S. has been a top priority since my first day. Success in America is not just good for Stellantis ( STLA ) in the U.S. - it makes us stronger everywhere," Filosa said.