“GM’s $1.4 Billion Investment Bolsters Brazil’s Automotive Industry”

GM to Invest $1.4 Billion in Brazil: Boosting Sustainable Mobility

General Motors (GM) has announced plans to invest 7 billion reais ($1.42 billion) in Brazil between this year and 2028. This significant investment aims to enhance “sustainable mobility” in the country and is expected to have far-reaching effects on Brazil’s auto industry. With a focus on a “complete renewal” of its vehicle portfolio, GM is set to develop innovative technologies and create new business ventures in Brazil.