Stellantis, investments of 5.6 billion in Brazil. Stellantis also plans an investment of 370 million euros (2 billion reais) in Argentina.
Tavares has announced a commitment to increase production in Italy to one million vehicles a year. But government subsidies are needed to encourage the sale of electric vehicles for the middle class, he says.. The group's president for South America, Emanuele Cappellano, says Argentina is the company's second largest market in South America.