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Mercedes Benz Brazil to invest 1.4 billion reais for new trucks, but exports still weak

Mercedes Benz Brazil to invest 1.4 billion reais for new trucks, but exports still weak

The Brazil unit of Mercedes Benz, the local market leader in trucks and buses, said on Tuesday it will invest 1.4 billion reais ($340 million) to launch of a new line of trucks as it expects the domestic market to grow in 2020, even if exports could fall.