Despite the chip supply crisis, automakers are thinking of maintaining investments in Brazil and the amount invested will be R$ 49.9 billion by 2025. Check it out!
The Brazilian automobile industry is going through a difficult time of transition. The country faces a slow economic recovery due to the Covid-19 pandemic. Thus, most automakers are suffering from a shortage of chips.
The crisis in the supply of semiconductors (chips) limits the production of vehicle sales in the world since 2021. However, experts expect the second half of 2022 to be more promising, because the supply of chips must be regularized in almost all markets.
Investment in the automotive industry
Despite the chip supply crisis, automakers are thinking of maintaining investments in Brazil and the amount invested will be R$49.9 billion by 2025. A large part of these investments will come from automakers:
- Great Wall;
- General Motors;
- Daimler Trucks;
- Caoa Cherry.
How much was invested by each automaker?
Check how much each automaker is investing in the automobile sector in the country.
- Great Wall
Great Wall will invest R$ 10 billion in the automotive sector until 2032 and another R$ 4 billion will be invested until 2025, the year in which the company will start production in Iracemápolis-SP. That same year, the production of the first hybrid flex models (cars that use two types of motorization: electric and combustion) is planned.
With an investment of R$ 7 billion until 2026, Volkswagen is focused on the launch of the Polo Track (a new version of the Polo that will keep the old look and will not have an automatic version). The company will also invest in the renewal of the line and in electrification.
- General Motors
General Motors has programmed R$10 billion to invest from 2019 to 2024. With the launch of the new Onix, Onix Plus and Tracker, the Nova Montana and Nova S10 (which will be cheaper), to close the cycle.
Toyota applied it in a cadenced way, the most recent investment being R$50 million for Indaiatuba-SP, but the company has already invested R$1 billion in 2019.
- Scania, Volvo, Daimler Trucks and VWCO
Bus and truck manufacturers Scania, Volvo, Daimler Trucks and VWCO invested, respectively, R$1.4 billion, R$1.25 billion, 2.4 billion and R$2 billion.
Stellantis, so far, is the automaker with the highest planned investment, with a value of BRL 16.2 billion from 2019 to 2025.
Renault has not yet revealed the value of the planned investment until 2025.
- Caoa Cherry
Caoa will invest BRL 1.5 billion in the automobile industry by 2023.
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