🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Mercedes Benz to resume second shift in Brazilian factory as sales slowly recover

Published 07/01/2020, 06:08 PM
Updated 07/01/2020, 06:10 PM
© Reuters. A worker uses his mobile phone at an entrance of a Mercedes-Benz factory in Sao Bernardo do Camp
MBGn
-

SAO PAULO (Reuters) - The Brazilian unit of Mercedes Benz (DE:DAIGn) said on Wednesday it has resumed a second shift in its factory located in Sao Bernardo do Campo, an industrial suburb of Sao Paulo, to increase social distancing among employees as sales begin to rise.

The German automaker added that most of its employees working in production lines since May will have their contracts temporarily suspended. The other 50% that were previously furloughed will take over auto production until Aug. 31, as agreed between Mercedes Benz and workers union.

"With this schedule, we will have fewer people working per shift, which guarantees social distancing," the vice president of human resources at Mercedes-Benz for Latin America, Fernando Garcia, said in a statement.

"In addition, we have temporarily adjusted our production volume to meet specific orders from truck customers," Garcia added.

Mercedes Benz's announcement comes as auto sales begin to recover from months of stagnation triggered by the economic fallout from COVID-19 pandemic. Brazil's auto sales have risen to 132,800 units in June, three sources told Reuters, compared with 62,200 in May.

© Reuters. A worker uses his mobile phone at an entrance of a Mercedes-Benz factory in Sao Bernardo do Camp

They added that approximately 10,000 trucks and buses were sold last month, up from 5,460 in May.

(Reporting y Alberto Alerigi; Writing by Gabriela Mello; Editing by Aurora Ellis)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.