Stellantis announced €5.6 billion (30 billion reals) in investments in Brazil between 2025 and 2030, as well as the launch of 40 new products, including an update to the automotive group's hybrid vehicle platform. This was announced at a press conference in Brasilia by Stellantis' worldwide CEO, Carlos Tavares, following a meeting with President Luiz Inacio Lula da Silva. "This is the solidity of our confidence and commitment to the future of the South American automotive industry," Tavares said in a statement. "This measure is an answer to the positive environment that we will encounter", he concluded.
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