IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.35% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL5.14▼ 0.14% USD/MXN16.90▼ 0.36% USD/CLP914.28— 0.00% USD/COP3,038▼ 1.18% USD/PEN3.35▼ 0.06% USD/ARS1,499▲ 0.12% USD/UYU40.20▲ 1.58% USD/PYG5,996▲ 1.55% USD/BOB11.43▲ 0.41% USD/DOP58.82▲ 0.20% USD/CRC450.05▲ 3.34% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 0.31% USD/NIO36.62▲ 0.61% USD/VES778.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.79% EUR/BRL6.00▼ 0.64% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.35% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Saturday, August 22, 2026

Brazil Business - Brazil

Brazilian Vamos Group Places Biggest Order in Volkswagen Trucks History

By · August 18, 2020 · 2 min read

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RIO DE JANEIRO, BRAZIL – Vamos Group, JSL’s rental company and dealer of used trucks and buses, has just purchased 1,350 trucks from Volkswagen Trucks and Buses (VWCO), the largest order placed by a single client in VWCO’s history.

The contract covers 20 different vehicle models that will be delivered monthly until December. The scheduled delivery allows Volkswagen Trucks and Buses to reactivate its plant’s second shift in Resende, Rio de Janeiro, shutdown by the novel coronavirus pandemic and, consequently, by the sector’s downturn.

“Vamos, together with JSL, is a decades-old partner and we are happy to close this deal. We are present in 30 countries and it is an exception to see a large purchase like this one, which encourages the sector and encourages the rental of heavy vehicles,” says Roberto Cortes, president of Volkswagen Trucks and Buses. Currently, approximately 60 percent of Vamos’ fleet with 14,000 vehicles consists of VWCO trucks.

In the pandemic, vehicle rental becomes another option for those who need to work and see the advantages in the business. According to Gustavo Couto, president of Vamos, average savings range from 20 to 30 percent. “By increasing the fleet we create even more alternatives for clients who want to expand their business while reducing costs. The pandemic forces companies to manage their resources more intelligently,” he says. In the second quarter of the year, Vamos reported record net revenues of R$329.9 million, an increase of 9.6 percent over the same period in 2019.

Vamos Group, JSL's rental company and dealer of used trucks and buses, has just purchased 1,350 trucks from Volkswagen Trucks and Buses (VWCO), the largest order placed by a single client in VWCO's history.
Vamos Group, JSL’s rental company and dealer of used trucks and buses, has just purchased 1,350 trucks from Volkswagen Trucks and Buses (VWCO). (Photo internet reproduction)
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For Volkswagen Trucks and Buses, which holds over 50 percent of the market share, the purchase helps its business enormously, but does not solve the whole problem. Despite reopening one of the shifts, plant production is still lower than at the start of the year. In May, the production of trucks in Brazil fell by 64 percent, with the manufacture of only 4,100 units, according to the National Association of Motor Vehicle Manufacturers (ANFAVEA).

The ambition of the Vamos Group is to prove to the market the advantages of having a new fleet with rented trucks. In Brazil, the approximately two million trucks in operation have an average useful life of 20 years, while Vamos’ trucks have an average of 2.5 years. “New trucks enable better management, maintenance, less downtime and are more sustainable. If the whole Brazilian fleet were replaced, the reduction of particulate emissions by these vehicles would be 95 percent”, says Couto. In 85 percent of Vamos’ contracts, clients rent trucks for a period of five years.

Currently, the industry projects sales of 65,000 heavy vehicles this year, compared to 110,000 units projected at the start of the year.

Source: Exame

Live Company IntelligenceVamos Locação de Caminhões Máquinas e Equipamentos S.A — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
Vamos Locação de Caminhões Máquinas e Equipamentos
SA: VAMO3VAMOSIndustrialsRental & Leasing Services2,291 employees
R$3.35B
Market cap

Valuation & profitability

Market capR$3.35B
Revenue (TTM)R$6.20B
P / E ratio9.8
Profit margin5.1%
Return on equity10.7%

Price & risk

52-wk low
$2.46
52-wk high
$4.94
Beta (volatility)0.22
200-day average$3.55

Revenue trend · 6y

20202025
Latest R$5.76B

Ownership

Institutions22.4%
Shares outstanding1.22B

Dividend

Yield5.7%
Payout ratio50.3%
Fwd. annual$0.14
What Vamos Locação de Caminhões Máquinas e Equipamentos does. Vamos Locação de Caminhões, Máquinas e Equipamentos S.A., together with its subsidiaries, engages in the leasing, reselling, and selling of trucks, machinery, equipment, and parts in Brazil. The company leases tractors, forklift trucks, agricultural machinery and implements, buses, and other vehicles; sells automobile parts and accessories; sells new and used tractors, machines,…
Data: RT fundamentals (VAMO3.SA) · figures in BRL · as of 22 Aug 2026More company intelligence →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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