The Car and Truck Fleet and Leasing Management Magazine

Global Fleet - South America

April 2017 - Global News

Chery Launches New TIGGO5 in Chile

Chery launched the new TIGGO5 SUV in Chile, which will join the TIGGO2 and TIGGO3 to expand Chery's product line in the Chilean market.

Tags: Chile, Chery, Compact SUVs, Global

April 2017 - Global News

Copart Opens Sixth Location in Brazil

Copart, Inc. has opened its sixth location in Brazil, according to a company announcement. Its sixth location will be located in Betim, Minas Gerais and will offer a wide selection of salvage and used vehicles, the company noted.

Tags: Remarketing, Copart, Brazil, Auctions

April 2017 - News

Venezuelan Authorities Seize GM Plant

Venezuelan government authorities took control of General Motors’ Valencia plant on April 19, seizing company vehicles and other assets. GM will cease operations in the country, effective immediately, the company announced.

Tags:  General Motors, Venezuela, Assembly Plants, Global

March 2017 - Global News

PSA Group will Assemble Peugeot Expert and Citroën Jumpy in Uruguay

The light commercial vehicle segment in Latin America is forecast to have a potential of one million vehicle sales per year.

Tags: Uruguay, Global, PSA Group

March 2017 - Global News

Arval's Brazilian Lease Portfolio Grows 14%

Brazil is the second fastest growing vehicle leasing market for Arval, according to financial data released by the company. Arval Brasil has experienced double-digit growth in its vehicle leasing portfolio, growing by 14%.

Tags: Leasing, Brazil, Global, Arval, BNP Paribas

February 2017 - Global News

$70B Infrastructure Program in Colombia Will Stimulate Fleet Sales

Colombia has embarked on gigantic $70 billion infrastructure program, which promises to stimulate fleet sales to construction and engineering businesses in the country, according to a report by PCW.

Tags: Global, Colombia

February 2017 - Global News

Brazilian Tire Market Forecast to Grow to $6.5B by 2021

Replacement demand for tires in Brazil is anticipated to grow at a faster rate during 2016-2021 than OEM tire demand. Some of the major players operating in Brazil's tire market are Pirelli, Michelin, Goodyear, Bridgestone, Continental and Rinaldi.

Tags: Brazil, Global, Tires, Forecast

February 2017 - Feature

Market Snapshot: Venezuela Fleet Market

The Venezuelan fleet market is comprised of local companies and multinational corporations, of which about 500 are U.S. companies with business operations in Venezuela. The strongest vocational segments for commercial fleet sales in Venezuela are oil companies, healthcare, and agriculture.

Tags: Fleet Sales, Venezuela, Global

January 2017 - Feature

Market Snapshot: Chile Automotive and Fleet Market

The mining sector in Chile is one of the key pillars of the Chilean economy. Chile has huge copper reserves, producing more than one-third of all global copper output.

Tags: State of Fleet Market Report

January 2017 - Feature

Market Snapshot: Peru Automotive and Fleet Market

The fleet market in Peru for 2016 is forecast to be around 10% of total automotive sales of 171,000 units, which is a decrease from 2015.

Tags: Peru, NAFTA, Commodity Prices, State of Fleet Market Report

January 2017 - Global News

Renault Grows South America Sales Despite Down Market

The automaker posted a market share of 6.5%, up by 0.3 point in the Americas.

Tags: Brazil, Colombia, Argentina, Renault

January 2017 - Global News

TomTom Expands to Argentina and Colombia

TomTom (TOM2) has introduced its real-time traffic service in Argentina and Colombia, increasing the coverage in South America to four countries (after Brazil and Chile) and extending the global reach to 54 countries, the company announced.

Tags: TomTom, Argentina, Columbia, Navigation

December 2016 - Global News

Element-Arval Global Alliance Expands into Argentina, Uruguay

The Element-Arval Global Alliance has added RDA Renting as a new member, growing the world-spanning fleet management partnership to 50 countries.

Tags: Argentina, Uruguay, Arval, Element Fleet Management

December 2016 - Global News

Orpak Acquires Brazilian Fuel Management Company

Orpak Systems, a solution and service provider for retail gas stations and commercial fleets, has acquired Brazilian fiscal fuel station management software provider Microsffer.

Tags: Fuel Management, Israel, Brazil

December 2016 - Global News

Chery Showcases Brazilian, Colombian Offerings at Auto Shows

During the Sao Paulo and Bogota auto shows, Chery showcased its latest offerings to the Latin American markets.

Tags: Auto Shows, Brazil, Colombia, Chery

November 2016 - Global News

Brazil Auto Industry Seeing Modest Gains

With the opening of the Sao Paulo Auto Show this week, forecasts for growth in the auto industry remain modest.

Tags: Toyota, Ford, Brazil, GM

November 2016 - Global News

How Lower Commodity Prices Are Affecting Automotive Industry in Venezuela

The causes and the consequences lower commodity prices to the respective automotive and fleet markets of Venezuela and neighboring Ecuador and Colombia is the focus of the latest market overview by Automotive Fleet.

Tags: Colombia, Market Conditions, Venezuela, Ecuador

October 2016 - Global News

UN Vehicle Regulations Could Cut Latin America Road Deaths

If UN vehicle safety regulations were applied by four key Latin American countries, 40,000 lives could be saved and 400,000 serious injuries prevented by 2030, according to a new report by Global NCAP and the Inter-American Development Bank,

Tags: Mexico, Brazil, Chile, United Nations, Argentia, Global NCAP

October 2016 - Industry News

South America is a Focus of Newest Special Global Report

In the latest of its ongoing reports on market conditions around the globe, Automotive Fleet has zeroed in on one of the tumultuous automotive market regions in the world — South America.

Tags: Argentina, Brazil, Chile, Market Conditions

October 2016 - Global News

Enterprise Rent-A-Car Expands to Argentina, Paraguay, and Curacao

The Enterprise Rent-A-Car brand will be offered to customers at main airports in the countries, and additional locations are planned.

Tags: Enterprise Rent-A-Car, Argentina, Curacao, Paraguay

October 2016 - Feature

37% Annual Inflation Rate Batters Fleet Sales in Argentina

In addition, there has been a 20% decline in fleet sales in neighboring Uruguay. The peso has depreciated and the government has decreased fleet purchases.

Tags: Argentina, Uruguay, Paraguay, State of Fleet Market Report

October 2016 - Feature

Chile and Peru Economies are Benefitting from Low Oil Prices

Peru is one of the fastest growing economies in Latin America, and the economy of Chile is ranked as a high-income economy by the World Bank.

Tags: Peru, Chile, State of Fleet Market Report

October 2016 - Cover Story

Political and Economic Turmoil Contracts Auto Market in Brazil

Automotive sales declined 28.6% year-over-year during 1Q 2016. In the fleet market, all major OEMs are using various financial incentives to defend their market shares. The 2016 forecast is that there will be 123,000 fleet sales.

Tags: Brazil, State of Fleet Market Report

October 2016 - Feature

Analysis of Q1, Q2 Fleet Market Conditions in Brazil

Brazil is in a political and economic crisis that has caused the country’s auto market to shrink 27% in 2015-CY, and is forecast to shrink another 13% in 2016. Fleet sales have also decreased, but at a slower pace than retail sales.

Tags: Brazil, State of Fleet Market Report

October 2016 - Global News

Fleet Logistics Provides Services to Syngenta in South America

European fleet management provider Fleet Logistics has gone live in Latin and Central America, managing Syngenta's fleet of around 1,600 vehicles in eight countries across the region.

Tags: Brazil, Fleet Logistics, Syngenta

September 2016 - Global News

VW Brazil and Prevent Group Dispute Halts Production

Production at three Volkswagen Brazil manufacturing plants and the São Carlos engine plant has been halted due to long-lasting commercial litigation with supplier Prevent Group.

Tags: Volkswagen, Brazil, Suppliers, Litigation

September 2016 - Global News

Pointer Telocation Acquires Brazilian FMC

Pointer Telocation Ltd., a developer, manufacturer and operator of mobile resource management (MRM), has announced that it has signed a binding agreement to acquire Cielo Telecom, a fleet management services company based in South Brazil.

Tags: Fleet Management Companies, Brazil, Mergers & Acquisitions, Pointer Telocation

August 2016 - Global News

Nissan Unveils Solid-Oxide Fuel Cell Vehicle in Brazil

In Brazil, Nissan Motor Co. revealed a solid oxide fuel cell powered prototype vehicle that runs on bio-ethanol electric power.

Tags: Brazil, Nissan, Ethanol

August 2016 - Global News

Nissan Crossover Introduced in Brazil

Expected to be in all Nissan dealerships in Brazil starting on August 5, the Nissan Kicks will deliver an agile but fuel-efficient driving experience, according to the automaker.

Tags: Nissan, Crossover, Brazil

July 2016 - Global News

Ituran Adds TomTom Maps and Navigation for Latin America

Latin American telematics provider Ituran Road Track will use TomTom as the map and navigation software provider to power their OEM Telematics Solutions.

Tags: Telematics, TomTom, Brazil, Argentina

July 2016 - Global News

Ford Appoints Leadership for SA, Europe

Ford has announced changes in its senior leadership in South America and Europe, including new appointments for vice president of Ford Motor Company and president of Ford South America.

Tags: Ford, Automotive Executives, Promotions

July 2016 - Global News

ALD Automotive Partners with Autocorp in Argentina

While it already has a presence in Brazil, Chile, and Peru, Argentina was a "missing link" in ALD Automotive's regional offering. To extend its presence in the region, ALD has partnered with Autocorp in Argentina.

Tags: ALD Automotive, Argentina, Autocorp

June 2016 - Global News

Jaguar Land Rover Opens New Factory in Brazil

The facility, located in the city of Itatiaia, will build the Range Rover Evoque and Land Rover Discovery Sport for Brazilian customers.

Tags: Brazil, Jaguar Land Rover, Assembly Plants

June 2016 - Global News

Azuga Expands MRM Sales in Latin America

The Mobile Resource Management (MRM) sector forecasts 50% growth over the next five years in Brazil, Russia, India, and China. In a press release, Azuga announced that it plans to make the necessary investments in its plug-and-play technology to lead the market on a global scale.

Tags: South America, Azuga, MRM

May 2016 - Global News

Bridgestone Divests its Venezuela Operations

Bridgestone Americas has announced that it has reached an agreement to divest its business in Venezuela, Bridgestone Firestone Venezolana C.A. (BFVZ), to the Corimon Group.

May 2016 - Global News

Toyota Opens Engine Plant in Brazil

Toyota do Brasil LTDA (TDB) has opened its new engine manufacturing facility in the city of Porto Feliz. Built on a plot of land that covers an area of 9.39 million sq. ft., the new facility represents an investment of $170 million and approximately 320 direct jobs in the region.

Tags: Toyota, Brazil, Engines

May 2016 - Global News

UPS Receives Certification from Brazilian Government

UPS Brazil said it has obtained an Authorized Economic Operator (AEO) certification from Brazil’s Tax Authority, Secretaria da Receita Federal.

Tags: UPS, Brazil, Logistics, Customs

May 2016 - Global News

Axalta Launches Automotive Coating Line in Colombia

Axalta Coating Systems, a global supplier of liquid and powder coatings, has introduced Centari line of refinish coatings for collision body shops in Colombia.

Tags: Axalta, Colombia, Latin America, Powder Coatings

April 2016 - Global News

Nissan Brazil Production Complex Celebrates Anniversary

Nissan Brazil recently celebrated the two-year anniversary of its Industrial Complex in Resende, Rio de Janeiro State, Brazil.

Tags: Nissan, Vehicle Production, Brazil, Anniversary

April 2016 - Global News

Cox Automotive Gains Majority Stake of Molicar

Cox Automotive has acquired a majority shareholding in Molicar, Brazil's vehicle valuations business.

Tags: Acquisition, Cox Automotive, vehicle valuation, Used Car Market

April 2016 - Global News

Mercedes-Benz Begins Passenger-Car Production in Brazil

The automaker has begun producing Class-C cars at its new production plant in Iracemápolis, near São Paulo.

Tags: Mercedes-Benz, Brazil, Assembly Plants

March 2016 - Global News

FleetCor to Buy Brazilian Toll Payment Firm

FleetCor Technologies Inc has agreed to buy Brazil's largest electronic toll payments firm for 4.086 billion reais ($1.1 billion).

Tags: Electronic Tolls, Brazil, Fleetcor

March 2016 - Global News

Automotive Glass Company Opens Second Brazil Plant

Asahi Glass Company (AGC), a manufacturer of glass, chemicals and high-tech materials, announced that it will invest approximately 18 billion Japanese yen ($158 million) to build a second float glass production plant in the southeast region of Brazil.

Tags: Brazil, AGC Asahi Glass, Windshields

March 2016 - Global News

UPS Expands South American, Global Profile

UPS has expanded its UPS Worldwide Express package service to 23 additional countries and territories, with the majority of the expansion taking place in Latin America, including Colombia and Ecuador.

Tags: UPS, Colombia, Ecuador

February 2016 - Global News

Volatility in the Brazilian Economy Offering Opportunities for Fleets

There has been a change in the vehicle funding and ownership pattern in Brazil, with vehicle buyers increasingly abandoning the expensive “ownership” vehicle funding model. Instead, they are gravitating toward the more cost-effective “operational leasing” model.

Tags: Leasing, Fleet Management, Brazil

February 2016 - Global News

Brazil Site of New Plant for IoT Company

Global technology provider Laird announced it is opening a new, state-of-the-art engineering, design, and manufacturing facility outside São Paulo, Brazil.

Tags: Brazil, Internet of Things, Laird

February 2016 - Global News

Samsung Returns to Argentina to Test 'Transparent' Safety Truck

After a trial in 2015, Samsung is taking its "transparent" safety truck to the roads of Argentina for further testing and plans to roll it out across the globe later this year.

Tags: Argentina, Samsung, Safety

February 2016 - Global News

Brazil Proposes More Auto Trade with Mexico, Argentina

Brazil wants to open trade in vehicles and auto parts with Argentina and Mexico in a shift away from protectionism.

Tags: Mexico, Argentina, Brazil, Trade Deal

February 2016 - Global News

MiX Installs Camera System in Brazil Gas Fleet

After a successful trial, existing MiX customer, Linde Gas in Brazil, has decided to fit 130 of its vehicles with the telematics company’s dual-camera video recording device, MiX Vision.

Tags: Telematics, Brazil, MiX Telematics

January 2016 - Global News

Chery Debuts QQ Minicar in Argentina

Chery launched its new QQ minicar in Argentina in late December. This follows Chery’s other launches for Argentina’s A0-segment market, the Fulwin and Tiggo.

Tags: Argentina, Chery, Subcompact Cars



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