Chevrolet Announces Billion-Dollar Investment, With Unexpected Announcement of New Onix SUV and Anti-Compass Hybrid

Written by Roberta Souza

Published on 26/01/2024 at 14:40

Updated on 26/01/2024 at 14:41

Foto: Reprodução AutoEsporte

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Total Renewal: Chevrolet Plans Modernization in the Automotive Landscape and New Models with Billion-Dollar Investment

According to the AutoEsporte website, General Motors (GM), about to celebrate its centenary in Brazil in 2025, surprised the market by announcing a massive investment plan of R$ 7 billion. The goal is to significantly transform the Brazilian automotive landscape between 2024 and 2028. Santiago Chamorro, president of GM in South America, emphasized that this investment will be aimed at modernizing GM’s five factories in Brazil and completely renewing the product portfolio of the brand Chevrolet.

New Models and Sustainability: Chevrolet Invests in SUVs and Electric Mobility

GM, about to celebrate its centenary in Brazil, reveals an ambitious plan to invest R$ 7 billion between 2024 and 2028. Santiago Chamorro, president of GM in South America, highlights the modernization of the factories and the complete renewal of the Chevrolet portfolio, including electric models and the promise of new launches. This investment puts Chevrolet at the forefront of innovation and sustainability in the Brazilian automotive landscape.

Within this substantial financial investment, Chevrolet has bold plans in the automotive market, including the local production of the confirmed electric Blazer EV and Equinox EV. Additionally, the automaker confirmed six launches for 2024, highlighting the renewal of the SUV Trailblazer and the S10 pickup. Chevrolet’s strategy goes beyond renewing established models; it embraces the vision of accelerating sustainable mobility in Brazil, considering the growing demand for electric and sustainable vehicles.

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Chevrolet, investment, automotive, SUV — Photo: Reproduction AutoEsporte

Futuristic Vision: SUVs and Hybrids on Chevrolet’s Agenda Until 2028

Chevrolet’s vision for the future includes launching two new SUVs by 2028. The first, based on the successful Onix sales, targets the entry automotive market, competing with models like Fiat Pulse and Renault Kardian. The second SUV, a compact medium, is planned to arrive between 2027 and 2028 and will debut GM’s much-anticipated light hybrid flex engine in Brazil. These plans confirm not only a line renewal but also a commitment to shaping the future of Brazilian automotive with innovation and sustainability.

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Chevrolet Announces Billion-Dollar Investment, With Unexpected Announcement of New Onix SUV and Anti-Compass Hybrid

Total Renewal: Chevrolet Plans Modernization in the Automotive Landscape and New Models with Billion-Dollar Investment

New Models and Sustainability: Chevrolet Invests in SUVs and Electric Mobility

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Futuristic Vision: SUVs and Hybrids on Chevrolet’s Agenda Until 2028

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Chevrolet Announces Billion-Dollar Investment, With Unexpected Announcement of New Onix SUV and Anti-Compass Hybrid

Total Renewal: Chevrolet Plans Modernization in the Automotive Landscape and New Models with Billion-Dollar Investment

New Models and Sustainability: Chevrolet Invests in SUVs and Electric Mobility

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

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