Toyota do Brazil is increasing a service that enables farmers to commerce their crops for a model new car.

Toyota Barter was first launched as a pilot venture from the Japanese automaker in 2019 and has now expanded to 9 states throughout Brazil. The automaker says that 16 p.c of its gross sales already come from clients in agribusiness, so this can enable it to develop that determine and serve its clients higher.

“The Toyota Barter began as a pilot venture in 2019, so it’s the first gross sales channel in Brazil to just accept grain within the buy of a automotive,” mentioned José Luis Rincon Bruno, Direct Gross sales Supervisor of Toyota do Brasil. “Now, we now have the chance to make this facility official for agribusiness and develop Toyota’s presence and contribute in an essential solution to what is among the primary financial sectors of our nation.”

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Potential patrons can commerce quite a few crops made in Brazil, comparable to corn and soybeans, and can pay market worth per bag of grain or legume.

The Hilux, the SW4 SUV, and the Corolla Cross are the one automobiles that patrons can at present barter for. They’re at present accessible by specialised groups, in particular dealerships, however the firm has mentioned that it’s trying to develop the service even additional.

“Agribusiness is a market of nice aggressive potential and with Toyota Barter we now have been capable of supply a singular facility for producers who’ve at all times seen Hilux as a private purpose or for his or her enterprise,” mentioned Fabricio Mazaia, NovaAgri’s Government Business and Operations Vice President. “We’re working to additional develop our presence in Brazil.”