IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.26% USD/MXN17.33▲ 0.11% USD/CLP924.72▼ 0.69% USD/COP3,229▲ 0.83% USD/PEN3.39▲ 0.13% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.11% BRENT 83.81 ▼ 7.00% WTI 80.36 ▼ 5.09% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.55% GOLD 4,093 ▲ 1.09% SILVER 58.08 ▲ 0.84% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.24 ▲ 0.03% PETR4 42.87 ▼ 1.27% VALE3 74.47 ▼ 2.37% ITUB4 42.98 ▲ 0.25% BBDC4 18.51 ▲ 0.54% ABEV3 15.75 ▼ 1.50% BBAS3 21.29 ▼ 0.28% B3SA3 15.62 ▼ 0.70% WEGE3 48.35 ▲ 2.44% PRIO3 58.98 ▼ 3.07% SUZB3 43.36 ▲ 0.09% RENT3 37.98 ▲ 0.98% AZZA3 16.07 ▼ 2.13% CSAN3 4.10 ▲ 0.74% RAIZ4 0.25 ▼ 3.85% PCAR3 2.70 ▲ 4.25% GMAT3 3.98 ▼ 1.24% PSSA3 54.38 ▼ 0.59% CVCB3 1.43 ▲ 9.16% POSI3 3.51 ▼ 1.13% SLCE3 13.45 ▲ 0.52% NATU3 8.46 ▲ 0.95% BRKM5 5.90 ▼ 1.17% RANI3 8.43 ▲ 3.95% CSNA3 4.58 ▼ 5.37% CMIN3 5.70 ▼ 0.18% USIM5 7.56 ▲ 2.72% GGBR4 25.33 ▲ 1.40% ENEV3 26.78 ▲ 1.79% CPFE3 45.93 ▼ 0.46% CMIG4 11.16 ▼ 1.59% EQTL3 38.76 ▲ 0.26% LREN3 13.84 ▲ 1.76% VIVT3 32.41 ▼ 0.67% RAIL3 14.14 ▼ 2.08% KLABIN 18.28 ▲ 0.16% RAIA DROGASIL 18.48 — 0.00% RDOR3 34.00 ▼ 1.85% HAPV3 11.81 ▲ 4.70% FLRY3 17.27 ▲ 0.76% SMTO3 14.35 ▼ 1.17% UGPA3 32.99 ▼ 0.18% VBBR3 36.21 ▲ 0.44% BBSE3 41.57 ▲ 0.75% BPAC11 57.20 ▲ 0.70% CURY3 31.34 ▲ 4.15% AERI3 2.15 — 0.00% VIVARA 22.72 ▲ 2.43% COMPASS 24.87 ▲ 0.12% VAMOS 3.27 ▼ 2.10% SANB11 28.93 ▲ 1.08% ASAI3 8.46 ▼ 0.47% SBSP3 27.19 ▼ 1.84% WALMEX 49.85 ▼ 0.80% GMEXICO 211.89 ▲ 2.01% FEMSA 217.06 ▼ 1.98% CEMEX 20.58 ▲ 0.34% GFNORTE 198.70 ▼ 0.94% BIMBO 61.22 ▼ 1.19% TELEVISA 9.69 ▼ 1.22% AMX 21.58 ▼ 2.22% GAP 376.77 ▲ 0.06% ASUR 276.63 ▲ 0.36% OMA 230.66 ▼ 0.29% KOF 185.49 ▼ 0.95% GRUMA 263.24 ▲ 1.94% KIMBER 40.12 ▼ 0.20% SQM-B 61,760 ▼ 1.50% COPEC 6,275 ▼ 1.18% BSANTANDER 80.12 ▼ 1.07% FALABELLA 6,322 ▲ 1.70% ENELAM 87.59 ▼ 0.45% CENCOSUD 1,958 ▲ 0.16% CMPC 1,067 ▲ 1.17% BANCO CHILE 191.41 ▼ 1.19% LATAM AIR 25.22 ▲ 1.94% YPF 8,140 ▼ 1.81% GGAL 7,995 ▲ 1.44% PAMPA 5,515 ▼ 0.72% TXAR 655.50 ▼ 0.61% ALUAR 964.00 ▼ 1.38% TGS 9,890 ▼ 1.59% CEPU 2,389 ▼ 0.29% MIRGOR 1,655 ▼ 89.88% COME 43.40 ▼ 1.43% LOMA NEGRA 3,565 ▼ 1.52% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,395 ▼ 0.28% ECOPETROL 16.57 ▼ 1.22% BANCOLOMBIA 90.99 ▼ 1.65% GRUPO AVAL 5.21 ▼ 1.33% CREDICORP 397.70 ▼ 0.72% SOUTHERN COPPER 186.16 ▲ 1.89% BUENAVENTURA 30.35 ▲ 0.21% MERCADOLIBRE 1,894 ▲ 0.83% NUBANK 14.51 ▲ 1.26% XP 17.08 ▲ 0.12% PAGSEGURO 9.69 ▲ 0.47% STONE 11.30 ▼ 0.66% GLOBANT 37.36 ▲ 2.06% TECNOGLASS 46.43 ▲ 6.88% GAP AIRPORT 217.29 ▼ 0.03% ASUR 276.63 ▲ 0.36% OMA AIRPORT 106.63 ▼ 0.25% AMX ADR 24.85 ▼ 1.97% FEMSA ADR 125.33 ▼ 2.08% CEMEX ADR 11.86 ▲ 0.30% PETROBRAS ADR 19.04 ▼ 1.86% VALE ADR 14.59 ▼ 3.15% ITAU ADR 8.46 ▼ 0.06% SANTANDER BR 5.72 ▲ 0.88% AMBEV ADR 3.06 ▼ 1.61% CSN 0.92 ▼ 7.01% GERDAU 5.00 ▲ 0.71% LATAM ADR 54.63 ▲ 3.54% BTC 63,803 ▲ 0.51% ETH 1,868 ▼ 0.80% SOL 73.91 ▲ 0.63% XRP 1.08 ▼ 0.35% BNB 591.16 ▲ 0.61% ADA 0.19 ▲ 2.35% DOGE 0.07 ▼ 0.54% AVAX 6.54 ▼ 0.02% LINK 8.23 ▼ 1.68% DOT 0.83 ▲ 3.92% LTC 44.17 ▼ 1.04% BCH 214.35 ▲ 0.86% TRX 0.33 ▲ 0.69% XLM 0.17 ▼ 1.33% HBAR 0.07 ▲ 1.10% NEAR 1.75 ▲ 1.83% ATOM 1.35 ▲ 6.50% AAVE 93.16 ▲ 1.26% SELIC 14.25% EMBRAER 90.55 ▲ 4.21% EMBRAER ADR 71.21 ▲ 4.21% JBS 13.82 ▼ 1.46% JBS BDR 70.23 ▼ 0.66% MBRF3 17.73 ▲ 1.08% MBRFY 3.42 ▼ 0.58% INTER 5.62 ▲ 0.36% EGX 54,094 ▼ 0.35% USD/ZAR16.54▼ 0.07% USD/NGN1,361▲ 0.07% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY156.89▼ 0.36% USD/CNY6.74▼ 0.12% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD1.15▼ 0.27% GBP/USD1.34▼ 0.46% SPX 7,601 ▲ 1.49% DJI 53,128 ▲ 1.22% NDX 28,773 ▲ 1.76% RUT 2,980 ▲ 1.67% TSX 35,226 ▼ 0.79% VIX 15.73 ▼ 1.63% USD/CAD1.40▲ 0.26% US10Y 4.6820 ▼ 1.33% IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.26% USD/MXN 17.33 ▲ 0.11% USD/CLP 924.72 ▼ 0.69% USD/COP 3,229 ▲ 0.83% USD/PEN 3.39 ▲ 0.13% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.00 ▲ 0.02% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.11% BRENT 83.81 ▼ 7.00% WTI 80.36 ▼ 5.09% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.55% GOLD 4,093 ▲ 1.09% SILVER 58.08 ▲ 0.84% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.24 ▲ 0.03% PETR4 42.87 ▼ 1.27% VALE3 74.47 ▼ 2.37% ITUB4 42.98 ▲ 0.25% BBDC4 18.51 ▲ 0.54% ABEV3 15.75 ▼ 1.50% BBAS3 21.29 ▼ 0.28% B3SA3 15.62 ▼ 0.70% WEGE3 48.35 ▲ 2.44% PRIO3 58.98 ▼ 3.07% SUZB3 43.36 ▲ 0.09% RENT3 37.98 ▲ 0.98% AZZA3 16.07 ▼ 2.13% CSAN3 4.10 ▲ 0.74% RAIZ4 0.25 ▼ 3.85% PCAR3 2.70 ▲ 4.25% GMAT3 3.98 ▼ 1.24% PSSA3 54.38 ▼ 0.59% CVCB3 1.43 ▲ 9.16% POSI3 3.51 ▼ 1.13% SLCE3 13.45 ▲ 0.52% NATU3 8.46 ▲ 0.95% BRKM5 5.90 ▼ 1.17% RANI3 8.43 ▲ 3.95% CSNA3 4.58 ▼ 5.37% CMIN3 5.70 ▼ 0.18% USIM5 7.56 ▲ 2.72% GGBR4 25.33 ▲ 1.40% ENEV3 26.78 ▲ 1.79% CPFE3 45.93 ▼ 0.46% CMIG4 11.16 ▼ 1.59% EQTL3 38.76 ▲ 0.26% LREN3 13.84 ▲ 1.76% VIVT3 32.41 ▼ 0.67% RAIL3 14.14 ▼ 2.08% KLABIN 18.28 ▲ 0.16% RAIA DROGASIL 18.48 — 0.00% RDOR3 34.00 ▼ 1.85% HAPV3 11.81 ▲ 4.70% FLRY3 17.27 ▲ 0.76% SMTO3 14.35 ▼ 1.17% UGPA3 32.99 ▼ 0.18% VBBR3 36.21 ▲ 0.44% BBSE3 41.57 ▲ 0.75% BPAC11 57.20 ▲ 0.70% CURY3 31.34 ▲ 4.15% AERI3 2.15 — 0.00% VIVARA 22.72 ▲ 2.43% COMPASS 24.87 ▲ 0.12% VAMOS 3.27 ▼ 2.10% SANB11 28.93 ▲ 1.08% ASAI3 8.46 ▼ 0.47% SBSP3 27.19 ▼ 1.84% WALMEX 49.85 ▼ 0.80% GMEXICO 211.89 ▲ 2.01% FEMSA 217.06 ▼ 1.98% CEMEX 20.58 ▲ 0.34% GFNORTE 198.70 ▼ 0.94% BIMBO 61.22 ▼ 1.19% TELEVISA 9.69 ▼ 1.22% AMX 21.58 ▼ 2.22% GAP 376.77 ▲ 0.06% ASUR 276.63 ▲ 0.36% OMA 230.66 ▼ 0.29% KOF 185.49 ▼ 0.95% GRUMA 263.24 ▲ 1.94% KIMBER 40.12 ▼ 0.20% SQM-B 61,760 ▼ 1.50% COPEC 6,275 ▼ 1.18% BSANTANDER 80.12 ▼ 1.07% FALABELLA 6,322 ▲ 1.70% ENELAM 87.59 ▼ 0.45% CENCOSUD 1,958 ▲ 0.16% CMPC 1,067 ▲ 1.17% BANCO CHILE 191.41 ▼ 1.19% LATAM AIR 25.22 ▲ 1.94% YPF 8,140 ▼ 1.81% GGAL 7,995 ▲ 1.44% PAMPA 5,515 ▼ 0.72% TXAR 655.50 ▼ 0.61% ALUAR 964.00 ▼ 1.38% TGS 9,890 ▼ 1.59% CEPU 2,389 ▼ 0.29% MIRGOR 1,655 ▼ 89.88% COME 43.40 ▼ 1.43% LOMA NEGRA 3,565 ▼ 1.52% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,395 ▼ 0.28% ECOPETROL 16.57 ▼ 1.22% BANCOLOMBIA 90.99 ▼ 1.65% GRUPO AVAL 5.21 ▼ 1.33% CREDICORP 397.70 ▼ 0.72% SOUTHERN COPPER 186.16 ▲ 1.89% BUENAVENTURA 30.35 ▲ 0.21% MERCADOLIBRE 1,894 ▲ 0.83% NUBANK 14.51 ▲ 1.26% XP 17.08 ▲ 0.12% PAGSEGURO 9.69 ▲ 0.47% STONE 11.30 ▼ 0.66% GLOBANT 37.36 ▲ 2.06% TECNOGLASS 46.43 ▲ 6.88% GAP AIRPORT 217.29 ▼ 0.03% ASUR 276.63 ▲ 0.36% OMA AIRPORT 106.63 ▼ 0.25% AMX ADR 24.85 ▼ 1.97% FEMSA ADR 125.33 ▼ 2.08% CEMEX ADR 11.86 ▲ 0.30% PETROBRAS ADR 19.04 ▼ 1.86% VALE ADR 14.59 ▼ 3.15% ITAU ADR 8.46 ▼ 0.06% SANTANDER BR 5.72 ▲ 0.88% AMBEV ADR 3.06 ▼ 1.61% CSN 0.92 ▼ 7.01% GERDAU 5.00 ▲ 0.71% LATAM ADR 54.63 ▲ 3.54% BTC 63,803 ▲ 0.51% ETH 1,868 ▼ 0.80% SOL 73.91 ▲ 0.63% XRP 1.08 ▼ 0.35% BNB 591.16 ▲ 0.61% ADA 0.19 ▲ 2.35% DOGE 0.07 ▼ 0.54% AVAX 6.54 ▼ 0.02% LINK 8.23 ▼ 1.68% DOT 0.83 ▲ 3.92% LTC 44.17 ▼ 1.04% BCH 214.35 ▲ 0.86% TRX 0.33 ▲ 0.69% XLM 0.17 ▼ 1.33% HBAR 0.07 ▲ 1.10% NEAR 1.75 ▲ 1.83% ATOM 1.35 ▲ 6.50% AAVE 93.16 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Security In-Depth - Brazil

In-Depth: Armored Vehicle Business Booms Around Rio’s Sugarloaf

By · May 7, 2019 · 5 min read

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By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL – If you’re on the streets of the Brazilian metropolises of São Paulo, Brasília or Rio de Janeiro, you can hardly escape the predominance of small pseudo-crossovers.

Once an Audi A4, a BMW 5 Series or a Toyota 4Runner clears the streetscape, then the vehicles are mostly armored.
Once an Audi A4, a BMW 5 Series or a Toyota 4Runner clears the streetscape, then the vehicles are mostly armored.
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Regardless of whether it’s Fiat, Renault, Volkswagen or Ford – the newer vehicles especially, despite their manageable dimensions, are incredibly self-confident and not always delicately decorated with rustic-looking planks.

Here a mounted spare wheel, there a gray underrun protector and then again rough sills and a few centimeters more ground clearance, together with off-road tires.

A Brazilian wants to show that he’s into SUVs, even if he can usually hardly afford a real off-road vehicle.

If a crossover is to be seen, then it is a Duster, sold here under the Renault logo, or the compact Ford Ecosport, which has long made the leap from South America to Europe.

Meanwhile, there are always aged jalopies, from the old VW Bus to the Beetle to the exotic local beach cruisers from Gurgel.

And once an Audi A4, a BMW 5 Series or a Toyota 4Runner clears the streetscape, then the vehicles are mostly armored. Even though the dark windows force you to look very closely: cars in the mid-range price or higher are rarely on the move without armor.

Robbery is still the Order of the day

Although the situation has improved somewhat in recent years, robbery in Brazilian traffic is still the order of the day. That’s why private individuals or hotels protect themselves on their tours with armored vehicles.

If an armored BMW X3 or an Audi Q5 might still hit the road, it looks quite different on a dark, globally popular model like the Toyota Corolla or a Mitsubishi Pajero TR4.

The cars are usually not armored from the factory but have been subjected to a massive security treatment at one of the countless retrofit companies.

Armored plates and Kevlar and Aramid layers ensure that the occupants in a suitably secured vehicle under fire from pistols and light rifles need not fear for their lives.

After all, most models withstand ammunition of caliber 38 or even a 44; that suffices for the dangerous everyday life at the traffic lights or the underground car park.

Manufacturers such as Shell Armored Vehicles, DuPont or TAG have their hands full and can hardly keep up with the orders.

Not only private citizens and business people, though, but also politicians and the police are increasingly traveling in armored cars in the Brazilian cities. Hotels in the higher price range transport their guests from the airport to a meeting or their own main entrance in a secured vehicle, just like larger companies that hardly leave their employees exposed on the street anymore.

Automakers are Barely Profiting from the Trend

The armored vehicle business in Brazil is bigger than anywhere else in the world: around US$250 million turnovers each year.

Automakers are barely profiting from the trend, with few people able to afford a premium model in the 210-million-resident country.

Only those come mostly with factory armor, which goes up to the fire protection class VR-10, with which high-ranking politicians and judges are protected in luxury sedans and heavy SUVs.

Audi is one of the few automakers to offer its mid-range SUV, the Q5, as a special shielded version for the markets in South and Central America.

Top Tier Luxury Cars are rare in Brazil. Nobody wants to attract this kind of attention.
Top Tier Luxury Cars are rare in Brazil. Nobody wants to attract this kind of attention.

With its armor, it meets the requirements of the fire protection class VR4, and the crossover was additionally certified for the class NIJ III-A common in South America.

Whoever wants more must resort to the luxury model A8 as their heavy tank, which competes with models such as the Mercedes S-Class.

The majority of the middle class, however, drives models such as the Toyota Corolla, Ford Mondeo, Kia Soul or the Hyundai Azera. And more and more people have a normal production model armored later in one of the countless companies.

“With us, it costs between R$50,000 (US$12,500) and R$75,000,” says the managing director of one of the large tank companies that convert vehicles mostly without major advertising in the outskirts of major cities such as São Paulo or Rio de Janeiro.

The entire job takes one to two weeks – depending on the order queue. More than two-thirds of all vehicles will be converted in greater São Paulo; not always professionally.

For many customers, their own security is worth the equivalent of US$13,000 to 16,000 for retrofitting. More popular than ever are vehicles that don’t stand out in traffic.

Toyota Corolla Most Commonly Armored Car

No wonder the Toyota Corolla has become the most commonly armored car in South America over the last few years. The securing of windows, doors, and panels pushes the 1,400 kg Japanese car just to the 1.6-ton mark.

“While the suspension tuning is adjusted by us, the control systems and the brakes can easily handle the extra weight,” explains one of the technicians in the large hall.

The demand for armored cars worldwide is similarly large only in Mexico, where countless armored vehicles also populate the streets in the major cities.

For years, the auto market in Brazil has been going downhill. But the recession seems to have reached rock bottom in 2016 and since then it’s also going uphill for the armor companies.

“When the market was so bad, the demand for armored vehicles on the used car market rose sharply,” says the managing director of the armor business in the metropolis of São Paulo, “we did not lag behind.”

Many also had used models retrofitted with armor. The matter looks a bit different for large hotels and exclusive car rental companies, which offer their car service more and more often in secured vehicles.

While hotels tend to wrap it in a mantle of silence and do not even tell their guests they’re being chauffeured in armor, the car rental companies are on the offensive because the demand from foreign visitors to drive in an armored car is greater than ever.

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

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