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Mercedes-Benz do Brazil to Increase Production

Mercedes-Benz has just announced that it signed a contract with the Brazilian bank Banco Nacional de Desenvolvimento Económico e Social (BNDES) for a loan in the amount of R$ 1.2 billion (roughly €460 million). Brazil is the German manufacturer’s biggest commercial vehicle market.

At its São Bernardo do Campo plant near São Paulo, Mercedes-Benz builds trucks, bus chassis, engines, transmissions, and axles. The loan will be used to expand its production at 75,000 units per year, which corresponds to an increase of about 15%.

Over the last few months, Mercedes-Benz do Brasil has hired around 1,400 new employees. The automaker is therefore preparing, from a personnel standpoint, to meet the growing demands of the commercial vehicle market in Brazil.

“Brazil is a market with tremendous growth opportunities. We intend to fully exploit this potential,which is why the expansion of our production capacity is the right step at the right time. We are especially pleased with the new job positions that have been created in the country,”
said Hubertus Troska, Head of Mercedes-Benz Europe and Latin America at Daimler Trucks.

Mercedes-Benz do Brazil was established in the country back in 1956 and is currently the largest Mercedes-Benz truck plant outside Germany.

Jürgen Ziegler, President of Mercedes-Benz do Brasil, sees the investment as being directly related to the economic upswing and the good prospects in Brazil. “We will invest the funds in our production activities in São Bernardo do Campo, but we will be doing more than just expanding a certain production capacity. Another goal is to modernize our production, logistics, and service units,” stressed Ziegler.
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