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Iochpe-Maxion (BSP:MYPK3) Allowance For Loans And Lease Losses


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What is Iochpe-Maxion Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Iochpe-Maxion Business Description

Industry
Traded in Other Exchanges
Address
Rua Dr. Othon Barcellos, 83, Cruzeiro, SP, BRA
Iochpe-Maxion SA is a Brazilian company involved in the manufacturing of automobile parts. Its core business is the production of wheels and structural components for light and commercial vehicles and equipment for railways. The company is a world leader in the production of automotive wheels. It has nearly 30 manufacturing facilities located globally has customers and operates through three divisions; Maxion Wheels, Maxion Structural Components, and Amsted-Maxion. Maxion Wheels produces and markets a wide range of steel wheels, and Maxion Structural Components, the company produces struts, sleepers, and chassis assembled for light vehicles and Amsted-Maxion produces freight wagons, railway wheels, and castings.