Stellantis announced a $6 (RS30) billion investment in Brazil for 40 new models by 2030, including its first hybrid cars. Details for Betim, Porto Real, and Goiana are pending, highlighting Brazil’s focus and an extra $400 million (R$2 billion) for Argentina. After a $3.24 (R$16.2) billion phase, Stellantis will launch four new platforms for hybrid […]
Related Posts
Latin America’s Economic Giants Show Improved Employment
October brought a notable decrease in unemployment rates for Brazil and Mexico, showcasing the strength of Latin America’s largest economies. Brazil’s unemployment rate dropped to 7.6%, the lowest since 2015, with the unemployed population falling to 8.3 million. Mexico’s unemployment rate also declined, reaching 2.75%. These improvements reflect robust labor markets, capable of enduring high-interest […]
Projected slowdown in job creation in Mexico by the end of 2023 – BBVA
The Banco Bilbao Vizcaya Argentaria (BBVA) Financial Group forecasts a deceleration in the generation of formal employment in Mexico by the end of 2023, corresponding with anticipated local and US economic slowdowns. According to a report titled “Employment slows down in June, but remains strong”, formal job growth stood at 2.4 percent in the first […]
