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Mercedes-Benz to invest USD 760 mn in Brazil

09/10/2017 at 19:35h

São Paulo – Mercedes-Benz will invest BRL 2.4 billion (USD 759.8 million) in Brazil from 2018 to 2022. The cash will go into modernizing its truck and bus chassis plants in São Bernardo do Campo (SP) and Juiz de Fora (MG), as well as continuous improvements and development of new products and technologies in services and connectivity. The announcement was made on Sunday (9) by Mercedes-Benz do Brasil chairman and Latin America CEO Philipp Schiemer.

Translated by Gabriel Pomerancblum

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