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A door-to-door transportation service in Sau Paulo, Brazil, received 72 reconstructed Mercedes-Benz Sprinters to improve transportation capabilities for the disabled in the area.
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Over the next three years, $300 million is set to be invested by GM itself, with the additional $200 million coming from the company’s supplier network.
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Mercedes-Benz do Brasil will focus its investments in modernizing its products, digital services, and into production plants in São Bernardo do Campo and Juiz de Fora.
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General Motors is combining the leadership of its international and South America regions, and has tapped Barry Engle to be president of the integration.
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Nissan has assembled its 150,000 vehicle at its plant in Brazil, accomplishing the milestone a little over three years after the plant was established.
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As part of the agreement, which was originally announced on Dec. 5, 2016, Hertz Global Holdings Inc. has now completed the sale of its Brazil car rental and leasing operations to Localiza.
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Manheim has acquired Pacto São Paulo and is developing commercial partnerships with six other auction companies to invest in in Brazil.
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Auto manufactures in Brazil sold a total of 195,000 vehicles in June, a 0.3% decline compared to the previous month’s sales, but a 13.5% increase compared to the previous year.
Read More →Copart, Inc. has opened its sixth location in Brazil, according to a company announcement. Its sixth location will be located in Betim, Minas Gerais and will offer a wide selection of salvage and used vehicles, the company noted.
Read More →Brazil is the second fastest growing vehicle leasing market for Arval, according to financial data released by the company. Arval Brasil has experienced double-digit growth in its vehicle leasing portfolio, growing by 14%.
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