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Home Brazil is consecrated as the biggest market for trucks of the German Mercedes-Benz. Company will invest another BRL 800 million by 2022

Brazil is consecrated as the biggest market for trucks of the German Mercedes-Benz. Company will invest another BRL 800 million by 2022

24 February 2021 to 23: 26
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Mercedes, trucks, investments
Mercedes trucks

Mercedes said it will also open more than XNUMX jobs to meet the expected growth in orders.

Mercedes-Benz, the German car brand, announced today that Brazil sold around 27 trucks in the country last year and became the largest country in terms of volume of branded trucks on the world market. The company informed that it will still invest R$ 800 million until next year and that it will generate more than a thousand jobs, to supply the growth in orders. The company's expectation for 2021 is a 15% increase in the truck market, for a total of 101 units, and 13% of bus volumes, reaching 16 units in the sum of all brands.

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According to the company, Brazil has become the world's largest market for Mercedes-Benz trucks in 2020, accounting for 20% of the group's sales. Total market sales last year were 84.650 vehicles.

Mercedes-Benz informed that from 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 low emission connectivity and mobility technologies.

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

“We cannot ignore the relevance of macroeconomic factors for transport, 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 transport. That's why we're here,” he stated.

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