Stellantis to build $388 million spare parts plant in Detroit
FILE PHOTO: The logo of Stellantis on the company's building in Poissy, France · Reuters

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(Reuters) - Stellantis will invest $388 million to build a new hub in the U.S. city of Detroit for its Mopar components operations, the Franco-Italian group said on Wednesday.

The hub is set to launch in 2027 in Van Buren Township, Michigan, and will support about 488 union-represented jobs, Stellantis said in a statement.

(Reporting by Alessandro Parodi in Gdansk; Editing by David Goodman)