Stellantis to invest USD229m in three of US plants.

Auto Business News-October 11, 2021--Stellantis to invest USD229m in three of US plants

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Auto Business News - 11 October 2021

Netherlands-based Stellantis is investing USD229m in three of its Kokomo, Indiana, transmission plants in the USA.

The company is taking this step to produce the fourth generation eight speed transmission.

The firm is investing in its Kokomo, Indiana, plants to help it reach its goal of achieving 40 percent low emission vehicle sales in the United States by 2030. This investment is to retain 662 jobs, which comes...

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