(Reuters) -Stellantis’ new $13 billion investment plan in the U.S. marks a key step to countering tariffs imposed by President Donald Trump and to reviving the automakers’ sales in its main market, investors and analysts said on Wednesday.

The plan, announced late on Tuesday, would help buffer the group from U.S. tariffs, an impact the French-Italian-American group had estimated in July at about $1.7 billion this year.

“This move is relevant and part of a wider path started by Stellantis to be more and more aligned to the new business environment drawn by Trump with tariffs. It’s paying off,” Fabio Caldato, portfolio manager at AcomeA SGR told Reuters.

Caldato recently increased his exposure to Stellantis.

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