Stellantis will be joining other automotive OEMs in investing in South America following its announcement of 30 billion reais ($6 billion) in Brazil from 2025 to 2030 – the investment forms part of €50 billion Stellantis has already committed towards investment to be deployed by 2030. General Motors (GM), Volkswagen Group, Hyundai, and Toyota have already announced significant investments in the country as it secures nearly $20 billion from global automakers. Chinese manufacturers BYD and Great Wall Motors (GWM) are also investing in the country – about $1 billion between them – as a way to avoid high shipping costs to the North American region and to establish themselves as the best budget options in South America’s growing auto economies.…