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The Nexus
BUSINESSJun 26 · 10:52 UTCTHE RIO TIMESIolanda Fonseca

Stellantis Bets 3 Billion Reais on Rio’s Porto Real Auto Plant

Stellantis is investing 3 billion reais (~$540 million) in its Porto Real plant in Rio de Janeiro state through 2030 to produce the new Jeep Avenger compact SUV, which will launch in Brazil this year. The investment will create 100 direct jobs at the plant.

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Mentioned
StellantisorganizationJeep AvengertopicPorto Real plantplaceRio de Janeiro stateplace
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