Volvo says it will invest R$2.5 billion in Brazil by 2028 despite weaker market

Volvo announced that it intends to invest R$2.5 billion in Brazil between 2026 and 2028, in what it classifies as the company’s largest investment cycle in the country since 1979, when it began production of commercial vehicles in Curitiba (PR). The announcement was made in a statement released this Wednesday (11).

According to the Swedish automaker, the resources should be directed to the factory in Paraná, the dealership network and the development of new products and services linked to trucks, buses, construction equipment and marine and industrial engines. The company also cites a focus on productivity, emissions and safety requirements, in line with regulatory and customer requirements.

Despite the investment plan, the automaker itself projects a weaker scenario for the sector this year. According to the company, the market for semi-heavy and heavy trucks is expected to shrink between 5% and 10% in 2026, maintaining the downward trend observed in 2025. Volvo attributes part of this movement to the high level of interest, which would make credit more expensive and limit fleet renewal.

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Volvo says it will invest R$2.5 billion in Brazil by 2028 despite weaker market

The 2025 numbers were also detailed by the company, based on data from Fenabrave.

Volvo says it ended the year leading the Brazilian market for trucks over 16 tons, with 20,053 licenses and a 23% share. Among the models, the FH 540 and FH 460 accounted for the largest share of sales in heavy vehicles, while the VM 290 led among semi-heavy vehicles.

In Latin America, the automaker claims to have registered 25,665 trucks in 2025, including Brazil and other markets. The company reports leadership in Peru, vice-leadership in Chile and sales growth in Argentina, in addition to the start of exports of vehicles produced in Brazil to Mexico.

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