GM announces R$7 billion investment in Brazil with a focus on sustainable mobility

2024-01-24 18:00:00

General Motors, owner of the Chevrolet brand, announced this Wednesday (24) the first phase of its new investment cycle for its operations in Brazil. In total, you should be applied to a value corresponding to R$7 billion in the period from 2024 to 2028.

According to the multinational, the focus of the investment will be on sustainable mobility, which includes the complete renewal of the company’s vehicle portfolio. Chevroletcreation of customized technologies for the local market and the creation of new businesses.


The factories of multinational not Brazil They will also receive developments with the aim of making them more modern, agile and sustainable. The company also highlighted that it seeks to reinforce the competitiveness of its operations and products in the country.

The announcement of the investment was made at a ceremony held in Brasília (DF), with the presence of the President of the Republic, Luiz Inácio Lula da Silva, the president of GM International, Shilpan Amin, and the president of GM South America, Santiago Chamorro .

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The vice-president of GM South America, Fabio Rua was also present at the ceremony. The company also highlighted that the 1st phase of the new investment cycle also represents the beginning of the company’s centenary celebrations in the country, which will take place in 2025.

“This will be the period of greatest transformation for GM in Brazil. The changes are necessary due to the current demands of society and consumers”, commented the president of GM South America, Santiago Chamorro.

In turn, the president of GM International stated that Brazil is strategic for GM’s global business expansion plan, in addition to being a vehicle export hub for South America and having a large engineering development center.

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