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Daimler Buses’ Colombia expansion shows OEM’s long-term confidence in LATAM

Despite Latin America's current weak economic performance, Daimler's new Colombian bus plant highlights the OEM's long-term strategy

In the first quarter of this year, Daimler's bus division posted a significant year-on-year decline in sales, down to 5,677 buses. Comparatively, in the January-March 2014 period, Daimler Buses managed sales of 6,675 buses, translating into a drop of 15%. By its own admission, Daimler had a torrid time in Latin America.

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https://www.automotiveworld.com/articles/daimler-buses-expansion-strategy-takes-colombia/

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