Brazil Becomes Mercedes-Benz's Largest Truck Market. Company Will Invest Over R$ 800 Million Until 2022

Brazil Becomes Mercedes-Benz’s Largest Truck Market. Company Will Invest Over R$ 800 Million Until 2022

Written by Roberta Souza

Published on 24/02/2021 at 23:26

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Mercedes Announces It Will Also Open More Than A Thousand Jobs To Address The Expected Growth In Orders

Mercedes-Benz, the German automotive brand, announced today that Brazil sold about 27,000 trucks in the country last year and became the largest country in terms of truck volume for the brand in the global market. The company stated that it will also invest R$ 800 million until next year and create more than a thousand job openings to meet the growth in orders. The company’s expectation for 2021 is a 15% increase in the truck market, totaling 101,000 units, and a 13% increase in bus volumes, reaching 16,000 units across all brands.

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According to the company, Brazil became the world’s largest Mercedes-Benz truck market in 2020, accounting for 20% of the group’s sales. Total vehicle sales in the market last year were 84,650 units.

Mercedes-Benz stated that starting in 2021, the company will continue the modernization of the final assembly line (gearbox, engine, and axle) in São Bernardo do Campo (SP), in ABC Paulista, along with the development of services and products with connectivity and low-emission mobility technologies.

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According to Deppen, president of Mercedes-Benz in Brazil, “We need to continue working on our competitiveness and we have a strong sustainability plan. These are the ingredients that define our plans for the future.”

“We cannot ignore the relevance of macroeconomic factors for transportation, but we are convinced that Brazil is a large market and we have a long history in the country. It is important to maintain the business plan and investments because we are convinced that there is a need for transportation. That is why we are here,” he said.

Brazil Becomes Mercedes-Benz’s Largest Truck Market. Company Will Invest Over R$ 800 Million Until 2022

Mercedes Announces It Will Also Open More Than A Thousand Jobs To Address The Expected Growth In Orders

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