Point S Opens Two Points of Sale in Brazil

Point S Opens Two Points of Sale in Brazil

Point S said the first two site openings mark the beginning of the company’s ambitious strategy for Brazil.

From Tire Review

Point S has officially opened its first two points of sale in Brazil. The announcement follows news from April this year, when Point S revealed it had signed a master franchisee contract in Brazil with ATO, whose shareholder companies are automotive heavyweights, ADSTA and Orletti.

After a phase of negotiation and planning, the franchisees each officially opened a pilot point of sale in November. ADSTA opened its store in Recife, boasting 1,100 square meters (11,840 square feet) of floor space and six bays, Point S said. This was followed by the inauguration of a second pilot point of sale, managed by Orletti. Located in the city of Vitoria (Espirito Santo) on the north of Rio de Janeiro, the site is 980 square meters (10,548 square feet) and has five bays.

Point S said both pilot sites were officially opened at the end of November in the presence of local dignitaries and elected officials, suppliers, journalists and prospective customers.

“The opening of a pilot point of sale is always an important step in the development of our brand in a new country,” Fabien Bouquet, Point S International CEO, said “These sites become a benchmark for future franchisees in terms of branding, layout and the quality of service, so it’s crucial that we get it right. I am impressed by the remarkable work done by our master franchisees in these two stores. These standard bearers are a great showcase for our future network in Brazil.”

Point S said the first two site openings mark the beginning of the company’s ambitious strategy for Brazil, with ATO having committed $175 million Brazilian Real ($33 million USD) to launching over 200 Point S locations across the country.

You May Also Like

MEMA to Host International Supply Chain Webinar

The content of the webinar will be beneficial to operations, logistics and purchasing teams, the organizations said.

Gemini-Shippers_MEMA-webinar

MEMA announced it will host a webinar covering current international shipping issues that are affecting the global supply chain. The webinar, set for June 10, 2024, at 11:00 a.m. PST/2:00 p.m. EST, will be sponsored by Gemini Shippers.

The content of the webinar will be beneficial to operations, logistics and purchasing teams, the organizations said.

Iveco, Foton Announce Joint Exploration Project

The two companies will look into future synergies in the areas of electric vehicles and components.

Hyundai Motor, Iveco Group Partner on Electric H-D Trucks
Andreas Nix Takes Over as COO of ZKW Group

Nix replaces Stefan Hornvuis, who left the company for personal reasons.

https://www.aftermarketnews.com/zkw-named-headlamp-supplier-for-the-bmw-xm/
Distressed German Companies: Creating M&A Opportunities

Hertzog discusses how to create opportunities with exceptional values when acquiring the operations of a distressed company in Germany.

Phil-Hertzog-Distressed-German-Companies
Schaeffler Appoints New Head of Investor Relations

Schaeffler AG announced two important leadership changes within the management level directly below the Board of Managing Directors, effective June 1, 2024.

Schaeffler promotions

Other Posts

Yokohama Rubber Q1 2024 Sales Up 23.5%

The figures for sales revenue and business profit were record-high figures for first-quarter performance at Yokohama Rubber.

FAW Trucks Secures Order of 1,000 Vehicles Overseas

FAW Trucks signed the order with its Kenyan dealer, TAM Company.

FAW Trucks Secures Order of 1,000 Vehicles Overseas
Li-Cycle Partners with Daimler Truck North America

Li-Cycle continues to support DTNA on its goal of integrating a comprehensive circular economy approach across its operations.

Li-cycle Logo
REE Automotive Reports Q1 2024 Financial Results

Penske Truck Leasing offering Powered by REE® EVs to its customers is among the financial report highlights.

REE Automotive Logo