Cookie Consent by Free Privacy Policy website Daimler invests around 600 million euros into commercial vehicle business in Brazil
ottobre 11, 2017 - Daimler

Daimler invests around 600 million euros into commercial vehicle business in Brazil

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  • Investments in product lineup, digital services and efficient production processes
  • Martin Daum, Member of the Board of Management of #daimler AG, responsible for #daimler Trucks & #daimler Buses: “ Our commitment to #brazil remains strong and we continue to invest into our regional market presence. Almost the half of all commercial vehicles on Brazil’s streets are older than 20 years. These vehicles must be replaced. We will be ready when the market comes back. With investing around 600 million euros, we are preparing for the future.“
  • Stefan Buchner, Head of Mercedes-Benz Trucks: “The Brazilian market remains weak, but our products are strong. We have been able to expand our market share in this challenging market. This shows: We know what our customers in #brazil want and offer them the right products – for #brazil and increasingly for export markets.“

Stuttgart / São Bernardo do Campo – #daimler subsidiary Mercedes-Benz do Brasil will be investing around 600 million euros into its commercial vehicle business in #brazil over the next five years. This underlines the strong commitment of the largest manufacturer of commercial vehicles in Latin America to the Brazilian market. The investments are going into the modernization of the product lineup, digital services, and into the two biggest production plants in São Bernardo do Campo and Juiz de Fora. By 2022, both plants are going to meet highest production standards to be even more efficient and competitive. #daimler has been investing around one billion euros into its Brazilian production site since 2010.

Martin Daum, Member of the Board of Management of #daimler AG, responsible for #daimler Trucks & #daimler Buses: “Our commitment to #brazil remains strong and we continue to invest into our regional market presence. Almost the half of all commercial vehicles on Brazil’s streets are older than 20 years. These vehicles must be replaced. We will be ready when the market comes back. With investing around 600 million euros, we are preparing for the future.”

More information on the press release