Despite difficult economic trading conditions in Brazil and declining demand for vehicles, Daimler subsidiary Mercedes-Benz last year increased its market share in the country’s truck, bus and van divisions.

For the period January to November, the brand’s trucks topped the sales charts with an interim market share of 29,3% — an increase of 2,7% compared with 2015’s results. Similarly, Daimler Buses was able to expand its market leadership by obtaining a 59,3% share — up 5,6% on the previous year’s figure. Mercedes-Benz Vans also increased its share of the market to 26,1% (+1,4%).

The company sold around 11 200 trucks, 4 800 buses and 4 700 large and mid-size vans. “2016 was a challenging year,” said Stefan Buchner, Head of Mercedes-Benz Trucks. “We are proud to have regained the number one position in the truck market. Our commitment to Brazil remains strong and we will continue to invest. We are ready for when the market recovers.”