and auto parts industries. At that time, the German companies Volkswagen, Karmann-Ghia and Mercedes-Benz, as well the American Willys-Overland started to build their factories in São Bernardo do Campo, later followed by Simca, Toyota and Scania. In 1967, Willys-Overland has been bought by Ford Motor Co. In that same year, the French carmaker Simca became a Chrysler plant, ending its operations in 1981 when it was acquired from Volkswagen to be their truck division. This plant has been shut down definitely in 1990 and gave place in 2006 to a warehouse from one of the biggest retail stores in Brazil, Casas Bahia. Together with those first automakers in Brazil, other factories established themselves in the city, e.g. paint industries as BASF, which produces Suvinil brand paintings, and auto parts industries that support them, as well the largest industrial plant in the world of Colgate-Palmolive toothpaste. In the 1990s, the economy of the region had a wide variation, which increased the importance of the service sector in the city. The trade is diverse and found in every neighborhood, especially the traditional trade Marshal Deodoro Street and environs, and the nationally known Center Furniture at Jurubatuba street, which gives São Bernardo do Campo the name of Furniture Capital. The construction and urban reform was boosted in 2008 with the construction of the southern section of the Rodoanel Mário Covas beltway, a ring road in the Metropolitan Region of São Paulo, Avenida Pery Ronchetti with duplication and channeling Saracantan stream, plus the construction of many buildings, mostly residential, with reforms of the Metropolis Mall and the Golden Shopping Mall. , São Bernardo do Campo exports $3.59B (USD) worth of goods and represents 1.48% of Brazil's total exports. Transportation manufacturing and machine manufacturing make up the majority (84%) of the municipality's exports. The top five material goods exported by São Bernardo do Campo are Delivery Trucks (14%), Tractors (14%), Vehicle Chassis (13%), Cars (13%), and Vehicle Parts (12%). Education The city is known for important private universities such as the Universidade Metodista de São Paulo and Centro Universitário da FEI. Colleges and universities: Universidade Federal do ABC Faculdade de Tecnologia Termomecânica - FTT MEDICINA - Universidade Nove de Julho ETEC Lauro Gomes Faculdade SENAI de Tecnologia Ambiental Centro Universitário da FEI Faculdade de Tecnologia de São Bernardo do Campo - FATEC Faculdade PanAmérica - FAPAN Faculdade de São Bernardo do Campo Faculdade Anchieta Faculdade