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16 Oct
17:03

Mercedes-Benz looks to invest heavily in Brazil

Mercedes-Benz will invest €500 million ($567m) in its Brazilian operations in preparation for Brazilian automotive market recovery, Kallanish learns from the Stuttgart-based vehicle manufacturer. According to the company, the investment is aimed at modernising the group’s operations focused on the production of trucks, and optimising the company’s production network by 2018. Mercedes-Benz’ decision comes at a time when the Brazilian automo…
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