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Stellantis Announces R$ 3 Billion Investment in Porto Real (RJ) Factory and Job Creation in the Region

Written by Ruth Rodrigues
Published on 02/06/2024 at 15:34
Stellantis anunciou um investimento de R$ 3 bilhões na fábrica de Porto Real, como parte de um plano de R$ 32 bilhões para a América do Sul até 2030.
Foto: Stellantis
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Stellantis Announces R$ 3 Billion Investment in Porto Real Factory, RJ, as Part of R$ 32 Billion Plan for South America by 2030

Stellantis, the automotive conglomerate that includes iconic brands such as Fiat, Jeep, Citroën, Peugeot, and Ram, announced last Monday (05/27) a robust investment of R$ 3 billion for the factory located in Porto Real, in the state of Rio de Janeiro. This significant investment is the final piece in Stellantis’ vast investment plan of R$ 32 billion for South America, scheduled to take place between 2025 and 2030.

The investment in the Porto Real unit completes a series of strategic announcements made by Stellantis. Prior to this, a funding of R$ 13 billion was announced for the factory in Goiana, Pernambuco, R$ 14 billion for the Betim plant in Minas Gerais, and R$ 2 billion aimed at the industrial complexes in Córdoba and El Palomar, Argentina.

Stellantis Strengthens Production of New Models at Porto Real Factory and Projects Job Creation in the Region

The allocation of R$ 3 billion for Porto Real will finance the production of a fourth product at the industrial complex, adding to the Citroën C-Cubed family, which includes the C3, Aircross, and the new Basalt, production of which is expected to begin in the second half of this year.

This move is part of Stellantis’ ongoing effort to strengthen its position in the South American market and drive growth at the Porto Real unit.

Emanuele Cappellano, president of Stellantis for South America, emphasized the importance of this investment for the region:

“With the consolidation of the C-Cubed family, we plan to increase our production capacity and continue driving the growth of this unit. This investment is also expected to generate new jobs in the region.”

Stellantis Announcement Marks a New Phase for Porto Real Factory

Although Stellantis did not reveal details about the fourth model to be produced in Porto Real, speculation suggests it will be the Jeep Avenger, a new entry-level SUV that will potentially replace the Renegade in Brazil.

According to information from the Autos Segredos website, the Avenger, already sold in Europe, may be launched in Brazil in 2026, using the same CMP platform as the current C3 family produced at the Fluminense unit.

This strategy would facilitate the nationalization of the new model, further strengthening Jeep’s presence in the Brazilian market.

Currently, in addition to the C3 and Aircross models, the Porto Real factory produces the Citroën C4 Cactus and the first-generation Peugeot 2008.

However, with the introduction of the Basalt, the C4 Cactus will be discontinued, while the production of the new generation Peugeot 2008 will be transferred to the El Palomar plant in Argentina, alongside the Peugeot 208.

Factory Prepares to Receive Citroën’s C-Cubed Family and a New Model

Part of the investment of R$ 3 billion will be directed towards developing micro-hybrid versions of the models produced in Porto Real.

These new versions will utilize the Turbo 200 engine (1.0 turbo flex) already present in the Fiat Pulse and Fastback models, aligning with the global trend of sustainability and energy efficiency.

This investment reaffirms Stellantis’ commitment to innovation and sustainability, strengthening its position as a leader in the automotive sector in South America.

The expansion of production capacity and the introduction of new models promise to boost the competitiveness of the Porto Real factory, bringing significant economic and social benefits to the region.

With this announcement, Stellantis demonstrates its long-term vision and commitment to the industrial and technological development of Brazil, preparing for a future of growth and innovation in the automotive market.

Get to Know the Porto Real Factory

YouTube video
Source: Stellantis

With information from Auto Esporte.

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Ruth Rodrigues

Formada em Ciências Biológicas pela Universidade do Estado do Rio Grande do Norte (UERN), atua como redatora e divulgadora científica.

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