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Stellantis Bets $6.1 Billion on Brazil as Regional Hybrid Leader

By Financial Post - 9 months ago
Stellantis NV, the automotive group that owns brands like Fiat, Jeep, Peugeot, Citroen and Ram, plans to invest 30 billion reais ($6.1 billion) in Brazil to boost production of flex-hybrid models for domestic use and potential export to neighboring countries, making it the latest automaker to bet big on the South American nation this year.

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