Fabio Ferraresi
Fabio Ferraresi

VW Truck and Bus has announced a new cycle of investment in Brazil operations of US$ 400 Million, for the period 2021 to 2025. This is higher than the last investment cycle, that was US$ 300 million that ended in 2020. This investment will be allocated in new products, mainly in alternative propulsion systems, such as electric, and improvements in the production facilities.

Source: AutoData       Read The Article

PSR Analysis:  The investment reinforces VW’s Truck and Bus focus in the Brazilian market. Product development for Proconve P8 in January 2023 will use a significant part of the investment; investments also will be made in facilities adjustments for higher volumes of production in the coming years.   PSR

Fabio Ferraresi is Director – Business Development, South America, for Power Systems Research