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Stellantis said to plan $10 billion in US turnaround investments

(Bloomberg) — Stellantis N.V. (STLA) is planning to invest about 10billionintheUSasthetroubledmakerofJeepsportutilityvehiclesandRampickupsrefocusesonthemarketthatspivotaltoitsprofits,accordingtopeoplefamiliarwiththesituation.MostReadfromBloombergThecarmakermayannounceinthecomingweeksabout10 billion in the US as the troubled maker of Jeep sport utility vehicles and Ram pickups refocuses on the market that’s pivotal to its profits, according to people familiar with the situation. Most Read from Bloomberg The carmaker may announce in the coming weeks about 5 billion in fresh money on top of a similar amount earmarked earlier in the year, said the people, who declined to be identified discussing information that’s not public. ...