Stellantis Announces €5.6 Billion Investment in South America

Stellantis announces a landmark €5.6 billion investment in South America - the largest automotive investment in the region - to drive product innovation, decarbonization, and market leadership.

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Stellantis has announced a €5.6 billion investment plan for South America from 2025 to 2030. This is the largest investment in the history of the Brazilian and South American automotive industry. This investment will support more than 40 new product launches, develop bio-hybrid technologies, and create new business opportunities.

Stellantis is the leading company in both total and light commercial vehicles, holding significant market shares in Brazil (31.4%) and South America (23.5%). With production facilities in Minas Gerais, Pernambuco and Rio de Janeiro, Stellantis plans to launch at least 40 new products across a number of brands, including Abarth, Citroën, Fiat, Jeep, Peugeot, and Ram.

The investment will also support the launch of the first national electrified vehicles using the Bio-Hybrid platform, which combines electrification with biofuel hybrid engines, including 100% electric vehicles (BEV) and various hybrid powertrains. Betim, Brazil will serve as the global center of excellence for this technology.

Stellantis CEO Carlos Tavares highlights that this investment demonstrates the company’s confidence and commitment to the region’s automotive sector, supported by a favorable business environment. As part of this initiative, Stellantis plans to launch eight new engines nationwide and produce a national electric car. This demonstrates the company’s commitment to electrification.

In addition to vehicle production, Stellantis is looking to expand its business footprint in South America through acquisitions. These include a stake in Argentina Litio y Energía S.A. for sustainable battery materials and becoming the largest auto parts distributor with the acquisitions of Norauto and DPaschoal.

Source: Stellantis Press Releases

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