Baku 24° C
Mercedes-Benz to close plant in Brazil
Business
- 21 December, 2020
- 09:28
The German company Mercedes-Benz intends to close an automobile plant in Brazil as the coronavirus pandemic worsens the car market's premium segment, Report informs, referring to Interfax.
The plant, located in Iracemapolis, São Paulo, was commissioned in March 2016. The plant produces C-class and GLA models.
The company said that the work at the plant would be completed this year. The institution employs 370 people.
However, Mercedes-Benz will continue to produce trucks and buses at its factories in São Bernardo do Campo (São Paulo) and Juiz de Fora (Minas Gerais).
Author
Azerbaijani Version 
Russian Version Latest News
21:29
Tofig Musayev: Azerbaijani youth plays crucial role in building culture of peace
Foreign policy21:21
Photo
Madat Babayan reveals names of Armenian military personnel noted for extreme cruelty during Khojaly genocide in court
Domestic policy21:14
Finnish President: Trump wants US, Europe to combine on sanctions targeting Russian oil and gas
Other countries21:01
Ukrainian, US presidents discuss pressure on Russia
Other countries20:53
Farid Osmanov: ICPC World Finals in Baku open new horizons for future leaders of digital era
ICT20:44
Azerbaijani judokas secure three medals at European Youth Championship
Individual sports20:37
Azerbaijan hosts 3rd meeting of Organizing Committee for III CIS Games
Individual sports20:26
Trump urges European leaders to stop buying Russian oil, pressure China
Other countries20:15