Stellantis, the parent of Chrysler, Jeep and Ram, unveiled plans on Tuesday to invest $13 billion to boost its U.S. domestic manufacturing footprint over the next four years.

This marks the largest single investment in the automaker's history and will support the introduction of five new vehicles across the brand portfolio in key segments, the production of the all-new four-cylinder engine, as well as fund more than 5,000 additional jobs at plants in Illinois, Ohio, Michigan and Indiana.

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

Stellantis said its latest investment is in addition to its "already significant U.S. footp

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