The MCoutinho group will invest seven million euros in Penafiel for the new Mercedez Benz facilities, creating 50 jobs in the region.

The investment will cover an area of 3800 square meters, which includes an 1100 square meter workshop and 18 mechanics, who will be able to deal with 30 cars per day, according to O Jornal Económico reports.

According to the same media outlet, António Coutinho, CEO of the MCoutinho group, reveals in a statement that the group is excited “to announce our most recent investment, the new Mercedes-Benz dealership in Penafiel, representing a commitment of seven million euros with the region.”

O Jornal Económico also states that the brand can guarantee various on-site services, such as the delivery and collection of vehicles, at a location to be indicated by the customer, as well as personalised service, both in the commercial and technical areas.

“This is a project that embodies our mission – to make the customer experience unique – and reinforces our commitment to local economic growth and involvement with the communities we serve. This investment is part of the implementation of the business expansion plan that has been developed, enhancing the best offer of brands and the consolidation of the MCoutinho group's national network”, says the CEO in a statement quoted by O Jornal Económico.