Brazilian bus manufacturer expands into the Australian market

Wednesday, December 14th 2011 - 05:02 UTC

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Brazil’s Marco Polo one of the world’s largest manufacturers announced on Tuesday it had purchased a 75% stake in the Volgren Australia bus building industry an operation involving 53 million dollars. Read full article

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ChrisR
This is definitely a positive move for Volgren who make good products but have a limted market - 698 units last year and that is across a wide range.

So I am suprised a company as big as Marco Polo are bothering, unless they see an opportunity exporting buses into the region as a whole. Australia of course uses RHD vehicles.

The minibus market in Australia is sewn up with Japanese people carriers, though I suppose China might be flooding the market since I was last there 4 years ago.
Dec 14th, 2011 - 03:09 pm - Link - Report abuse 0
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GeoffWard2
There is the school-bus market.
All in all, a good move into the australasian market.
Dec 14th, 2011 - 08:08 pm - Link - Report abuse 0
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