Volvo will invest R$2.5 billion in Brazil by 2028

The contribution comes despite an unfavorable scenario for the transport sector, which maintains a downward trend recorded in 2025

Volvo on Wednesday (11.Feb.2026) that it will invest R$2.5 billion in Brazil until 2028, even with the forecast of a 5% to 10% retraction in the semi-heavy and heavy truck market for 2026. It is the Swedish manufacturer’s biggest investment in the country since the beginning of its production in Curitiba (PR) in 1979.

The resources will be applied to research and development of new products, with an emphasis on productivity, decarbonization and safety. The company will also invest in the Paraná factory, in expanding the dealership network and offering new services for trucks, buses, construction equipment, marine and industrial engines, in addition to financial services.

The contribution takes place in an unfavorable economic scenario for the transport sector, which continues the downward trend recorded in 2025. High interest rates have been identified by the company as a factor that harms the market.

“High interest rates make credit more expensive and discourage purchases and fleet renewal. It is a crucial factor that is slowing the growth of transport companies, including reducing their competitiveness”declared , president of the Volvo Latin America Group, in a statement.

The Swedish manufacturer leads the segment of trucks over 16 tons in Brazil. In 2025, the company licensed 20,053 vehicles in this category, which resulted in a 23% market share, according to data from the (National Federation of Motor Vehicle Distribution).

“We have a long-term vision. Regardless of the current situation, Brazil is a strategic market for Volvo. Therefore, we are making a new investment cycle, this time of R$ 2.5 billion, the largest in our history in the country”says Lirmann.

In 2025, Volvo’s FH 540 model was the most sold heavy truck in Brazil for the 7th consecutive year, with 5,403 units registered. The FH 460 occupied 2nd position in the segment, with 3,613 registrations. In the semi-heavy category, the VM 290 led with 4,320 registered units.

The company also achieved 10% growth in Service Plans, reaching 55,000 active contracts. The Volvo Connect platform reached 22,000 contracts, while the CIV (Volvo Intelligent Driving) program reached 10,000 contracts. In the pre-owned network, 2,669 trucks were sold, the highest volume in 29 years of operation in this segment.

In Latin America, Volvo registered a total of 25,665 trucks in 2025, with 20,053 units in Brazil. The brand led the Peruvian market with 2,414 trucks and a 21% market share, was in 2nd position in Chile with 1,621 units and a 19% market share, and registered an increase of 190% in Argentina, with 1,185 trucks sold. Mexico received the first 80 units manufactured in Brazil.

“These are high-tech trucks, very robust and highly efficient. They also stand out for their high availability, low fuel consumption and a set of solutions that include high connectivity, artificial intelligence and unique safety. All of this translates into greater productivity and lower operational costs for transporters”said , executive director of the automaker, in a statement.