Monaco Group Unlocks Economy and Creates New Jobs in Mato Grosso by Announcing Million-Dollar Investment.
The Monaco Group, recognized for its impact on the automotive sector, announced a significant investment of R$ 60 million in opening new dealerships in the cities of Água Boa and Barra do Garças, in the Araguaia Valley, Mato Grosso. This initiative promises to boost the local economy and generate both direct and indirect jobs, reinforcing the group’s presence in the region.
Expansion in the Araguaia Valley
Água Boa and Barra do Garças are strategic cities due to their strong agricultural development. With a thriving economy, the Araguaia Valley is made up of 25 municipalities and has a Gross Domestic Product (GDP) of over R$ 22 billion. This value is higher than the GDP of states like Amapá, Roraima, and Acre, demonstrating the economic relevance of the region.
The Monaco Group’s decision to invest in the region was based on market analyses that highlighted the economic vitality of the Araguaia Valley.
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“In our market analyses in Mato Grosso, we had already seen the potential of the Araguaia Valley, a region in rapid development, where we are already operating with VWCO trucks and buses, GID Rentals, Consórcio BrQualy, and Banco Luso Brasileiro”, stated the CEO of Monaco Group, Rui Denardin.
Main Highlights Regarding the Monaco Group’s New Investment
The R$ 60 million investment will be allocated to opening four new dealerships: two of the Fiat brand, one of Jeep, and one of RAM. In Água Boa, one of the 100 wealthiest cities in agribusiness, a Fiat dealership will be installed. The municipality has a Gross Added Value (GAV) of R$ 6.4 billion just from agribusiness, standing out as an economic hub in the region.
Barra do Garças, with a GDP of R$ 2.5 billion, will receive three units from the Monaco Group: Jeep, RAM, and Fiat. The choice of these brands reflects the group’s strategy to meet the growing demand for premium vehicles, which have great synergy with truck and bus customers, in addition to the rental and consortium services offered by the group.
Economic Impact and Job Creation
The expectation is that the opening of the new dealerships will further boost the local economy, generating direct and indirect jobs. Creating new job opportunities is essential for the development of the cities and the improvement of the quality of life for the region’s inhabitants.
“We are investing about R$ 60 million in these cities, completing our ecosystem with four more dealerships, two in the premium segment, which have a lot of synergy with truck and bus customers, GID Rentals, Consórcio BrQualy, and Banco Luso Brasileiro. We always seek to align the growth of the Monaco Group with the development of the regions in which we establish ourselves, a characteristic we have maintained since the inauguration of our first dealership in 1977”, emphasized Denardin.
The Monaco Group
With 46 years of experience in the automotive segment, the Monaco Group is composed of several companies: Mônaco Diesel – VWCO Trucks and Buses; Mônaco Vehicles – Fiat; Mônaco Motocenter – Honda motorcycles; Mônaco Used Cars; Consórcio BrQualy; GID Heavy Vehicle Rental and Banco Luso Brasileiro. The group’s dealerships operate in seven Brazilian states: Pará, Amapá, Maranhão, Rondônia, Piauí, Mato Grosso, and Goiás, in addition to having an office in São Paulo.
The national coverage of the Monaco Group is enhanced by the services of GID Rentals, BrQualy, and Banco Luso Brasileiro, which complement the group’s portfolio and offer integrated solutions to customers.
Sustainable Development
The Monaco Group’s strategy to invest in regions with strong agricultural development is also aligned with a vision of sustainability and social responsibility. The Araguaia Valley is a prominent agricultural region, with 3.5 million hectares planted annually with soybeans and corn, in addition to 5 million hectares allocated to livestock. This agricultural development is essential for the local economy and for the sustainability of the Brazilian agricultural sector.
The investment of the Monaco Group in the Araguaia Valley reflects confidence in the region’s growth potential. If the Araguaia Valley were a country, it would have the highest economic growth in the world in 2022. This data highlights the strategic importance of the region for Brazil’s economic development.
With the opening of the new dealerships, the Monaco Group not only reinforces its presence in Mato Grosso but also contributes to the sustainable development of the region, creating job opportunities and boosting the local economy.

Deveria investir em qualidade no atendimento qualificação profissional e em uma linha de telefone que funcione. Investir em gestão. Porque as lojas de Cuiabá voltar para comprar nunca mais.
Top, parabéns a todos do grupo Mônaco em especial ao pessoal da Mônaco Belém. Parabéns pela reportagem