General Motors is increasing its investment in Brazil by 3.5 billion reais ($674.9 million). Total planned spending in the country will reach 10.5 billion reais through 2028. The capital will support hybrid vehicle production and modernize factories in São Paulo to update the Chevrolet lineup.
GM is also investing $275 million in its Spring Hill, Tennessee manufacturing facility. This funding will support a future Cadillac vehicle featuring an internal combustion engine. The investment also maintains the 2.7L engine program and reinforces key U.S. manufacturing assets.