- CEO
- Sebastian Dario Los
- Full Time Employees
- 5,800
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Avenida Ayrton Senna da Silva Lotes B3 e B4 Cuiaba MT Brazil 78 098 28
- IPO Date
- Dec 16, 2024
- Business
- Automob Participações S.A. (AMOB3.SA) is a holding company primarily engaged in the automotive retail sector in Brazil, operating through its subsidiary Vamos Concessionárias, which focuses on the distribution, sale, and maintenance of new and used vehicles. The company offers a range of passenger cars, light commercial vehicles, trucks, and motorcycles from leading brands including Chevrolet, Hyundai, JAC Motors, and Mahindra; provides after-sales services such as vehicle maintenance, parts supply, and warranty repairs; and extends financing solutions, insurance products, and fleet management services to individual and corporate customers. Headquartered in São Paulo, Brazil, and founded in 2021, Automob Participações S.A. conducts its operations predominantly across key regions in Brazil, targeting retail consumers, businesses, and fleet operators in the automotive industry.
In recent developments, the company underwent a significant rebranding and corporate restructuring in 2024, transitioning its primary operating subsidiary from Automob Concessionárias to Vamos Concessionárias to align with expanded strategic initiatives and enhance market positioning. This change was accompanied by the launch of new dealership expansions in high-growth areas and a strategic partnership with Vamos Locadora S.A., integrating light vehicle rental services to diversify revenue streams beyond traditional dealership sales. Additionally, Automob reported a major funding round in late 2024 through a capital increase and debt refinancing, supporting acquisitions of smaller regional dealerships and investments in digital sales platforms.