Calmon: What GM Can Do With R$5.5 Billion in Sao Paulo

General Motors announces R$5.5 billion investment in SP and Tracker and Onix models emerge as favorites as semi-hybrids

GM announces investments of R$ 5.5 billion in São Paulo. This figure represents almost 80% of the total that the company will disburse between 2024 and 2028. Two executives from the Detroit (USA) headquarters, Rory Harvey and Shilpan Amin, came to the country to confirm the investment in the state.

To complete the R$ 7 billion already announced, R$ 1.2 billion will go to the Gravataí (RS) plant and R$ 300 million to the Joinville (SC) engine unit. Santiago Chamorro, president of GM Brazil, confirmed that two “mild” hybrid (technically semi-hybrid) models will debut soon, without providing dates.

It is possible that at least the first one will debut in January 2025, when the manufacturer will complete a century of operations in the country and Tracker and Onix, in that order, will probably take precedence. A new compact SUV is also planned for Gravataí.

Also in 2024, the Equinox electric vehicle is expected to be imported from Mexico next October, which will join the Blazer VE presented last July and whose price will be announced in the coming days.

Flex hybrids will also come, a more expensive technology, for which a date has not yet been set. Plug-in gasoline hybrids will remain until the end of the current investment cycle or the next one.

Source: Terra

Rose

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.