Stellantis has announced a substantial investment plan for the South American region totalling €5.6 billion from 2025 to 2030. It says the plan is the largest investment in the history of the Brazilian and South American automotive industry.

The planned investments will support the launch of more than 40 new products during the period as well as the development of new ‘Bio-Hybrid’ technologies, new decarbonisation technologies across the automotive supply chain, and ‘strategic new business opportunities’.

“This announcement solidifies our trust and commitment in the future of the South American automotive industry and is a response to the favourable business environment here,” said Stellantis CEO Carlos Tavares.

“As a critical part of our ‘third engine’ growth strategy, South America will take a leading role in accelerating the decarbonization of mobility together with our employees, our supply chain network and our partners. I want to thank each team member involved in helping create and execute our investment strategy so that, together, we can achieve our industry-leading carbon neutrality ambition.”