Stellantis (STLA) is planning to invest around $10B in the U.S. as the company refocuses on the market that is pivotal to its profits, Aaron Kirchfeld, Albertina Torsoli, and Gabrielle Coppola of Bloomberg reports, citing people familiar with the matter. In the coming weeks, the company may announce $5B in fresh money on top of a similar amount designated earlier in the year, the people added. The investment could be funneled into plants in states such as Illinois and Michigan, the sources added.
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