General Motors boosts Brazil investment to R$10.5 billion for hybrid vehicle production
General Motors announced an additional R$3.5 billion investment, raising its total Brazil commitment to R$10.5 billion through 2028. The new funds will be directed mainly to its São Paulo operations – São Caetano do Sul, São José dos Campos and Mogi das Cruzes – to modernise factories, renew the Chevrolet portfolio and launch locally‑produced mild‑hybrid (MHEV) models such as the Tracker and Montana. The announcement in Brasília was attended by Vice‑President Geraldo Alckmin, GM South‑America president Thomas Owsianski and executive Fábio Rua, who highlighted job creation and Brazil’s role as a regional production hub.
Other automotive players are also expanding in Brazil. A private venture is channeling R$300 million into a motopropulsion‑focused industrial complex, creating opportunities for local suppliers of aluminium components, automation and quality control. MG Motor disclosed a R$400 million plan to assemble the electric MG4 Urban and MGS5 SUVs at the Comexport plant in Horizonte, Ceará, targeting 50 000 vehicles and about 600 direct and indirect jobs by 2026. These parallel investments signal a broader shift toward electrified and hybrid mobility in the Brazilian automotive sector.