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Mercedes-Benz Expands in Brazil

By Carlos Graffigna, Contributing Reporter

RIO DE JANEIRO - For decades Mercedes-Benz has been synonymous with quality in the automotive industry, and that image helped the company weather a global recession which almost bankrupted some of the biggest and most powerful car and truck corporations in the world.

The premium market, which Mercedes has dominated for decades, gave the company enough stability to survive the recession and even post considerable profits by the end of 2009.

That momentum has driven Mercedes to expand not only their premium vehicles division, but also to compete for a larger share of the buses . . .

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