1. Home
  2. / Industry
  3. / Automotive giant General Motors announces R$300 MILLION investment in factory in Brazil
reading time 3 min read Comments 0 comments

Automotive giant General Motors announces R$300 MILLION investment in factory in Brazil

Written by Ruth Rodrigues
Published 23/09/2024 às 07:42
Automaker General Motors allocates R$300 million to modernize its factory in Joinville, part of a total investment of R$7 billion in Brazil.
Photo: GM

General Motors allocates R$300 million to modernize its factory in Joinville, part of a total investment of R$7 billion in Brazil.

A General Motors GM, one of the world’s leading automakers, has announced that it will make a significant investment of around R$300 million in its factory in Joinville. This investment is part of a broader plan announced by the company earlier this year, which involves a total of R$7 billion earmarked for different initiatives in Brazil.

Investments and transformations until 2028

The R$ 300 million earmarked for factory of Joinville will be applied over the next four years, until 2028.

This period will be marked by a comprehensive transformation at the plant, which stands out in the production of cylinder heads, blocks and 1.0 and 2.0 engines for popular vehicles, such as the Onix, Onix Plus and Tracker.

GM has not yet detailed exactly how the money will be used, but the investment is expected to bring significant improvements in the unit's efficiency and production capacity.

The investment is part of a series of actions that General Motors is carrying out to modernize and expand its operations in Brazil.

The company is focused on completely renewing its vehicle portfolio, developing new technologies and creating new businesses.

The factories will also undergo upgrades aimed at making them more modern, agile and sustainable.

General Motors' goals for its factories in Brazil

The communications supervisor at automaker General Motors highlighted that the total amount of R$7 billion will be directed towards several strategic objectives.

These include the renewal of the company's vehicle portfolio, including the introduction of new models and the updating of existing ones, and the development of innovative technologies adapted to the local market.

Furthermore, part of the investment will be used to create new businesses and opportunities, which may result in new lines of products and services offered by GM in Brazil.

The company's factories will also undergo modernizations to improve their operational efficiency, including the implementation of more sustainable practices and more agile processes.

Joinville Factory: history and recognition

A factory in Joinville was opened 11 years ago and, since then, has played a crucial role in the production of engines for popular vehicles.

To date, the facility has produced more than 1,6 million engines, demonstrating its significant impact on GM's global operations.

In terms of recognition, the automaker's factory in Joinville stood out for its dedication to sustainability.

It was the first unit in the automotive industry in South America to receive Leadership in Energy and Environmental Design (LEED) certification in the Gold category.

This certificate is one of the most respected international certifications for sustainable construction, which attests to the factory's commitment to responsible and efficient environmental practices.

Be the first to react!
React to article
Register
Notify
guest
0 Comments
Older
Last Most voted
Feedbacks
View all comments
Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

Share across apps
0
We would love your opinion on this subject, comment!x