Mercedes Benz Trucks and Buses, a division of Mercedes Benz Argentina, is set to invest $60 million in a new heavy vehicle factory in Zárate. The CEO, Raúl Barcesat, announced the plans which will be operational by mid-2026. This investment completes a total cycle of $110 million, including the purchase of the property and construction of the new plant.
The division has been operating independently since December 2021 after the split of Daimler AG. It currently produces trucks and bus chassis at the Juan Manuel Fangio Industrial Center in Virrey del Pino, with 500 employees working across various locations. Rumors of an independent factory had been circulating for over a year before plans were officially announced.
Mercedes Camiones also marked an export milestone by selling bus chassis to Mexico. The company aims to incorporate local bodies into their products for export, enhancing collaboration with international markets. This expansion and investment in new facilities demonstrate a commitment to growth and innovation in the commercial vehicle sector.
The new factory will produce trucks and buses that are designed to meet the specific needs of customers around the world. The company’s focus on innovation will enable it to offer cutting-edge solutions that improve safety, efficiency, and sustainability in commercial transportation.
The announcement of this investment comes as Mercedes Benz continues to expand its presence in Latin America. The company’s success in this region is attributed to its ability to adapt to local markets and provide products that meet customer needs.
In conclusion, Mercedes Benz Trucks and Buses’ investment in a new heavy vehicle factory is an exciting development that reflects its commitment to growth and innovation in the commercial vehicle sector. With its focus on sustainability and customer satisfaction, Mercedes Benz is well positioned for continued success in this market.
