Cost Engineer - ICE Engine

Company: Stellantis
Location: Auburn Hills
Posted on: March 1, 2026

Job Description:

Cost Engineer (Propulsion - Ice Engine) develops direct material costs and tooling investments for vehicle specific components using activity-based costing methodology while working from bill of materials, drawings and/or samples. Cost Engineer responsibilities will include utilizing Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders. Cost Engineer will assist the worldwide teams with technical cost evaluation services to estimate component costs for projects in advanced through serial life cycle phases. An ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization. Key deliverables: Development of component costs for new programs (“cost engineering estimate” at initial concept; “should cost calculation” through bottom-up approach for new & modified purchased components based on the ‘how it’s made’ manufacturing process) Provide Engineering support during vehicle development phase for target achievement (Design to Cost) Development of tooling costs for new programs Provide purchasing support during supplier negotiations through gap analysis of supplier’s price breakdown detail Support of the Global Cost Initiative and World Wide Component Cost comparisons/studies Support of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requests The CE works closely with Engineering, Buyer, other internal department functions, Finance and supplier representatives Key responsibilities include but not limited to: Research relevant market trends, industrial standards, and innovations Perform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutions Identify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practices Provide global component cost comparison analysis by working within the Cost Engineering community

Keywords: Stellantis, Lorain , Cost Engineer - ICE Engine, Engineering , Auburn Hills, Ohio