Stellantis announces €5.6bn investment in South America

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.”

As part of its Dare Forward 2030 strategic plan, Stellantis says it is investing more than €50 billion in electrification over the next decade and is ‘on track to become a carbon net zero corporation by 2038’ with single-digit percentage compensation of remaining emissions. The company says South America plays a leading role in the “third engine” – the aggregation of the South America, Middle East & Africa and China and India & Asia Pacific segments – and is a ‘thriving contributor to growing Stellantis’ revenue targets outside North America and Europe’.