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Stellantis plans US investments worth more than $5bn

Proposed spending comes after carmaker’s chair met Donald Trump before his inauguration

Stellantis, the carmaker that owns the Fiat and Chrysler brands, is planning to invest more than $5bn in the US in a deal revealed days after its chair John Elkann met Donald Trump ahead of the US president’s inauguration.

In an email to staff seen by the Financial Times, Stellantis’s head of US operations Antonio Filosa said the investments would be made at several of the company’s manufacturing plants across the US.

Elkann told Trump that Stellantis would strengthen its US manufacturing footprint, “providing stability for our great American workforce”, the email sent to the company’s US employees on Wednesday stated.

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