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Volkswagen Caminhões e Ônibus invests, hires and seeks synergies

December 10 2020
  •  New investment cycle of R$ 2 billion between 2021 and 2025
  •  Resende plant hires 550 more employees
  •  VWCO aims to leverage synergies with Navistar after its acquisition by TRATON

 

Volkswagen Caminhões e Ônibus will invest R$ 2 billion between the years 2021 to 2025, starting the sixth and largest consecutive cycle of investments in Brazil. The automaker and its partners in the Modular Consortium have also started hiring another 550 employees in Resende (RJ). And after the closing of the Navistar purchase by the TRATON Group, expected to mid of the next year, VWCO is aiming to lift synergies with the North American company in the Americas. The announcements were made today (10) by the President and CEO Roberto Cortes in São Paulo (SP).

“This new investment cycle will focus on new technologies for more sustainable mobility, such as electric propulsion and the improvement of energy efficiency with CO2 reduction. And also in digitization and connectivity for increasingly modern and efficient transport solutions. We will also keep investing on the continuous improvement of our products and on the internationalization of the Volkswagen Caminhões e Ônibus brand", says Roberto Cortes.

The executive also highlighted the need to fulfill orders and the trust in the country to invest, hire and seek international partnerships. “The new Volkswagen extra-heavy line, launched just over three months ago, is a great success. And the Brazilian truck market is recovering after being strongly affected by the Covid-19 pandemic”, he explains.

The labor reinforcement increases the daily production in the two assembly lines in Resende, with emphasis on the supply of the extra-heavy trucks Constellation 33.460 6x4, Meteor 28.460 6x2 and Meteor 29.520 6x4. Fully developed in Brazil, the models started pre-sales still on their avant-première. In addition to these products, VWCO manufactures light, medium and heavy models of the Delivery and Constellation lines, the MAN branded tractors and the Volksbus bus chassis.

Company will celebrate 40 years in 2021

In 2021, Volkswagen Caminhões e Ônibus will celebrate four decades of operations since the launch of its first products in Brazil, in March 1981. The automaker, which started operations in São Bernardo do Campo (SP), chose Resende, in Rio de Janeiro, for its headquarters in 1995, investing US$ 250 million in the construction of a new factory, which opened in 1996.  Over the past 25 years, R$ 5.5 billion has been allocated to the company's growth in five consecutive investment cycles, four of R$ 1 billion each, and the last of R$ 1.5 billion. The sixth cycle will add R$ 2 billion to this amount by 2025.

The VWCO factory was a pioneer in the region and currently has one million square meters of total area, 148 thousand square meters of built area, 100 thousand square meters in the supplier park and 50 thousand square meters in the logistics center.